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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (49569)	8/13/2000 11:54:26 AM
From: mishedlo	Read Replies (2) \| Respond to of 93625

Intel rebukes Electronic News report as old FUD! By Donna Fuscaldo Of DOW JONES NEWSWIRES NEW YORK -- Shares of Rambus Inc. (RMBS) slipped 5% Friday after Electronic News Online said that Intel Corp. (INTC) won't use the company's memory standard in most chips for its "mainstream PC market." Citing "confidential documents," Electronic News Online said Intel's desktop roadmap update indicates Rambus' DRAM will only be used in Intel's high-end desktop market. But Intel spokesman Michael Sullivan said Electronic News is writing about "very old" information. "I think it was a situation where the reporter thought it was new information," he said. The chipset that will accompany the Pentium 4 processors coming first will only have Rambus' DRAM memory, he said. Later in the Pentium 4 product life cycle, Intel will support SDRAM memory, which Rambus doesn't offer, Sullivan added. Intel announced plans to launch two chipsets for the Pentium 4 in late July. Rambus shares recently traded at $66.50, down $3.50, or 5%, on volume of 5.8 million, compared with a daily average of 14.2 million. - Donna Fuscaldo; Dow Jones Newswires; 201-938-5253