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To: Dealer who wrote (26007)	7/19/2000 6:54:38 PM
From: Dealer	Read Replies (1) \| Respond to of 35685

RMBS--Rambus keeps sliding after report By Lisa Sanders, CBS.MarketWatch.com Last Update: 4:10 PM ET Jul 19, 2000 NewsWatch Latest headlines MOUNTAIN VIEW, Calif. (CBS.MW) -- Shares of Rambus fell further Wednesday, one day after the semiconductor-technology specialist reported third-quarter earnings that matched Wall Street estimates. Rambus (RMBS: news, msgs) of Mountain View, Calif., posted a profit of $4.8 million, or 4 cents a share, a 138 percent increase the $2 million, or 2 cents a share, it made in the year-ago period. Meanwhile, revenue increased 67 percent to $17.8 million, also a milestone for the company. Rambus, whose stock tumbled on Tuesday with shares of most semiconductor issues, said that figure includes a record $6.6 million in royalties from licensees for shipments of Rambus ICs during the January to March period. The revenue total also includes $3.7 million of deferred revenue from canceled contracts. Other quarterly highlights include settlement of litigation with Hitachi and Dell's introduction of the first Rambus-based PC below $1,500. Rambus said that all per-share numbers reflect the company's 4-for-1 stock split that went into effect June 14. Rambus shares shed 7 3/8 to close at 94 1/2.