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

To: 10K a day who wrote (59381)	10/31/2000 3:40:13 PM
From: Bald Man from Mars	Read Replies (2) \| Respond to of 93625

are you the one who put out a super sell on Thomson yesterday, you must have shorted a million shares of Rambust ...

To: 10K a day who wrote (59381)	10/31/2000 4:07:00 PM
From: 44magnumpower	Respond to of 93625

<font color=red>Rambus Shares Fall Amid Intel Concerns NEW YORK (Reuters) - Shares of memory chip designer Rambus Inc. (NasdaqNM:RMBS - news) tumbled on Tuesday after an online trade magazine said chip-making giant Intel Corp. (NasdaqNM:INTC - news) would phase out its use of most Rambus technology. Rambus shares were down over 16 percent, or $8-5/8 to $44-13/16 on Nasdaq. Rambus is known as one the most volatile stocks on the market. It has traded in a 52-week range of $127 to $16-3/8. Electronic Buyers' News said it had obtained a document that showed Intel's plans for its future support of Rambus technology. ``According to the document, Intel will phase out the slow-selling Direct RDRAM-enabled 820 chipset in the first quarter of next year, while the yet-to-be introduced Intel 850 chipset will be dropped in the middle of the third quarter. ``At that time, Intel's sole remaining Rambus chipset will be an enhanced 850 device code-named Tehama-E, which the company is rolling out for workstations and PCs costing more than $2,000,'' the magazine said. Intel, however, disputed the trade magazine's assertion, saying that, in fact, nothing has changed What has changed though is Intel's planned use for Rambus technology. Sullivan said that five years ago, Intel figured at the time that Rambus memory technology would be used in even low-cost personal computers. SG Cowen analyst Mark Grossman said the ``article confirms our cautious stance on Rambus.'' Grossman has a ``neutral'' rating on the stock.