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

To: MileHigh who wrote (4542)	6/10/1998 9:18:00 PM
From: MileHigh	Respond to of 93625

From Briefing.com, RMBS holding up pretty well, IMO, as other semi's get "hammered" Semiconductor Brief: While it might be the best of times for the software group it is definitely the worst of times for the chip industry... Tuesday's modest gains were obliterated by Wednesday's sharp, widespread declines... The trigger was Lattice's earnings warning... Company noted that its expects revenues to fall by nearly 20% in Q1 from Q4 total of $60.2 mln... Weak demand from the PC sector and increased competition in the PLD segment behind company's warning... Stock plunged 9 5/8 to 26 7/8... Should be noted that Briefing had warned on numerous occasions that stock was vulnerable to an earnings shock... Texas Instruments and LSI were among the biggest losers related to IBM's announcement that it plans to increase spending on its custom microchip business... Other big losers included Analog Devices (-1 5/8), Micron (-2 3/16), VLSI (-1 1/16), Intel (-1 5/8) and Linear Tech (-5 11/16)... Year-to-date group is down 3.6%, or 18.5% below the return of the S&P 500.