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

To: Gary Ku who wrote (5051)	6/24/1998 9:08:00 PM
From: REH	Read Replies (1) \| Respond to of 93625

old news - no effect whatsoever but when Gateway, IBM, AMD and Cyrix announce Rambus support and systems there will be an effect - quess which way reh

To: Gary Ku who wrote (5051)	6/24/1998 10:29:00 PM
From: Gary Wisdom	Respond to of 93625

Re: <<Is that the reason why only 91000 shorts got out in the nick of time?>> Gary, I don't understand your question. On June 15, Rambus was at $36 7/8. So, everyone that was short then is now down $23. Are you saying that the ones that are still short are the smart ones?

To: Gary Ku who wrote (5051)	6/24/1998 11:18:00 PM
From: Boplicity	Respond to of 93625

More old news. Get out of here. Greg

To: Gary Ku who wrote (5051)	6/25/1998 3:24:00 AM
From: Rachel M. Kuecks	Respond to of 93625

Others have called the news old but INTEL calls it wrong. see below. By Binti T. Harvey, CBS MarketWatch ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Index of top news Last Update: 05:48 PM June 24, 1998 Shares of Performance Technologies (PTIX) may lose ground Thursday after the company forecast a second-quarter revenue shortfall. The manufacturer of communications, networking and data storage interface products expects second-quarter revenue to fall 15 to 20 percent from first-quarter sales of $7.4 million. The company said the delayed awarding of a "significant" follow-on defense contract kept it from meeting revenue and income expectations for the quarter. Analysts surveyed by Zacks Investment Research had a consensus earnings estimate of 18 cents a share. Shares rose 1/2ÿ to close at 11 1/2, ahead of the announcement. Lam to slash workforce Lam Research (LRCX) may shed some value Thursday after the company said it will take a restructuring charge in the June quarter and slash its workforce by 20 to 25 percent. Lam shares fell 1/16 to close at 22 1/16 ahead of the report. See full story 3Com beats Street 3Com Corp. (COMS) posted earnings above analysts' consensus estimate after the bell, but the company's outlook for fiscal 1999 will likely dictate the direction of the shares Thursday. The network equipment maker posted a pro forma net income of 18 cents a share, a penny better than the consensus view of analysts surveyed by First Call. Shares closed up 1 1/8 at 27 1/8, but rose slightly in after-hours trading. See full story Qualcomm upgraded Shares of Qualcomm Inc. (QCOM) surged on an upgrade from Bankers Trust Alex. Brown Wednesday. The firm raised Qualcomm to a "buy" rating from "market perform." The cellular phone manufacturer's shares rose 4 1/8 to 55 11/16 on the news. Benchmarq Microelectronics Inc. (BMRQ) rose after it reached an amended merger agreement with Unitrode Corp. (UTR). The companies agreed that Unitrode will acquire Benchmarq shares in a stock swap worth $80.9 million. Benchmarq shareholders will receive one Unitrode share for each Benchmarq share. The move comes nine days after Unitrode's board withdrew its recommendation of approval for the merger under a previous exchange ratio which valued the transaction at about $135 million. Benchmarq's poor financial results decreased the value of both stocks. Benchmarq shares rose 1 3/8 at 10 1/16, while Unitrode shares dipped 5/8 to 10 3/4. The companies will hold shareholder meetings by the end of the month, but plan to delay approval until a later unspecified date. Xeon on schedule Intel Corp. shares (INTC) rebounded after the company confirmed it will release its Xeon chip June 29 as scheduled. Earlier, the stock fell on reports the Xeon, a PC server processor featuring the latest Pentium II technology, might be delayed by as much as two months due to a bug in the processor. Shares rose 1 1/2 to 76 3/4. See Silicon Stocks