To: Ibexx who wrote (16426 ) 2/22/1999 11:12:00 PM From: MileHigh Read Replies (1) | Respond to
Don't think has been posted yet-- gosh, I hope not, this is going to Ibexx!! (just kidding Ibexx <gg>)most investors suspect that hitting $90 may only prove to be an intermediate stop on its way to the century mark, especially if the Intel Camino 820 chipset is introduced on time. There had been fears that Intel would delay the introduction of its chipset until later in the year, thus recently putting pressure on the shares of Rambus. However, now that Mr Niles has assured investors about Rambus and the use of the Rambus technology by Intel, all worries have been stored away. It wasn't too long ago that this issue was trading at a high of near $110, which reflects the volatility of this stock It would not be surprising to see some profit taking on the announcement in the next few days following the rapid rise in the stock over the past couple of days.
