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


To: Ibexx who wrote (13452)1/14/1999 7:10:00 PM
From: Nick Papa  Read Replies (2) | Respond to of 93625
 
FWIW; Pretty Maria on CNBC announced after market trading at about 7:05 PM EST @ 76 (off 22). I count no less than 5 times that this has been mentioned this afternoon. Geez, they sure are making noise about it.



To: Ibexx who wrote (13452)1/14/1999 9:53:00 PM
From: Ibexx  Respond to of 93625
 
Thread, Reuters article:
_____





Rambus sees revenues flat for next few quarters

MOUNTAIN VIEW, Calif., Jan 14 (Reuters) - Rambus Inc., a
computer memory chip design company, on Thursday reported
higher operating earnings for its fiscal first quarter, but
said earnings in the next two to three quarters were likely to
be no better than even with the latest results.

Mountain View, Calif.-Rambus RMBS.O said its operating
income for its first quarter ended Dec. 31 rose to $2.4 million
from $2.1 million a year earlier, and earnings per share rose
to 8 cents from 6 cents on a diluted basis. Revenues rose 13
percent to $10.6 million from $9.7 million.

The company warned that earnings in the next two or three
quarters were likely "to be no better than flat compared to
first quarter results."

It said this was due to an expected seasonal decline in
royalties from shipments of Rambus integrated circuits for use
in Nintendo 64 video games as well as the discontinuation of
development on Rambus-based controllers for PC multimedia
applications by Cirrus Logic and Chromatic Research.

Rambus, which develops and licenses high-speed chip-to-chip
interface technology, also said it it would incur additional
expenses over the next few quarters for an anticipated move
into the PC main memory market later this year.


REUTERS
Rtr 21:06 01-14-99
_____

Ibexx




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