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


To: Boplicity who wrote (2793)1/17/1998 11:21:00 AM
From: CG TANG  Read Replies (2) | Respond to of 93625
 
To all,

RMBS was mentioned in WALL STREET WEEK by one of the interviewing guest. I think it will go up Monday.



To: Boplicity who wrote (2793)1/17/1998 11:29:00 AM
From: KM  Read Replies (1) | Respond to of 93625
 
Hey Greg: Whatcha been up to? Here's a little blurb on RMBS from theStreet.com today:

Rambus
Adam Lashinsky

Shares of memory-chip technology company Rambus (RMBS:Nasdaq) had a
volatile week, as traders tried to profit by playing the stock off a
competitor's comments.

Mercury News columnist Adam Lashinsky's report Tuesday, and Rambus'
share activity Wednesday and Thursday, are an instructive lesson. Shares
of Rambus perked up this week after Vitesse Semiconductor (VTSS:Nasdaq)
executives told analysts in a conference call their customers were
reporting "strong demand" for Rambus' technology. Rambus shares gained
almost 10%.

Then the other shoe dropped Thursday when Rambus reported a strong first
quarter but warned the next two wouldn't be anything too hot. The stock
gave back everything.

The moral of the story, Lashinsky points out, is found in a statement
from Gary Harmon, Rambus' chief financial officer. He said, "The people
that are getting rich on Rambus are the traders." But only the agile
ones.

More information can be found at:
sjmercury.com

I agree that this is a trading stock only at this point. I've given up trying to just hold it.