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


To: richard surckla who wrote (21300)6/1/1999 4:07:00 PM
From: MileHigh  Respond to of 93625
 
Agreed




To: richard surckla who wrote (21300)6/1/1999 5:47:00 PM
From: richard surckla  Read Replies (1) | Respond to of 93625
 
By Bloomberg News... Re:IBM... IBM says higher end expensive PC's and work stations will be based on Intel chips and include Rambus...

news.com

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Rambus falls on IBM concerns
By Bloomberg News
Special to CNET News.com
June 1, 1999, 2:05 p.m. PT

Rambus, a designer of high-speed computer chips, fell as much as 13 percent on
concern that IBM may choose a competing technology for its personal computers.

Rambus fell 10 to 67 1/2 in late trading, after touching 67 1/4. Yesterday, Cahners
Business Information's Electronic News, citing unnamed sources, reported that IBM
decided to drop support of Rambus technology in its personal computers in favor of a
competing technology called PC-133.

IBM said today that it plans to use PC-133 in its low-end PCs to be introduced in the
second half of this year, though higher-end expensive PCs and workstations released at
the same time will be based on Intel computer chips and Rambus products. "It's no secret
that IBM has been a supporter of PC-133, but they have not come out against Rambus,"
said David Wehner, a Hambrecht & Quist analyst who rates Rambus "market perform."