Rambus share price edges closer to $500

And other runners and riders in the stock racing derby

Crash Register Last time we checked, the Rambus share price (ticker: RMBS) had hit $431, making it a Register share tip that really would have coined it in for readers if they'd bought when we recommended at the beginning of December. Since Wall Street opened earlier today, the price has rocketed by over $51, and it looks like one share will be worth the same as a 128MB RIMM in not too long a time. Cough. UPDATE Shortly after this piece was published, the Rambus board announced a four for one stock split, to take effect at the end of May. Meanwhile, Compaq (ticker: CPQ), is burbling around the $28 mark, despite receiving an outperform forecast from ABN Amro two days ago, and following a string of other positive forecasts at the end of January last. ABN Amro has talked to Compaq's industry standard service division folk (that's not Alpha), and concluded it really will sell an awful pile of eight-way Proliant servers. As we've said for some time now, Compaq is very much undervalued, and its hot swap memory module technology, plus the fact that it is likely to sell half a billion dollars worth of Alpha boxes in the April/May time period means that if you're a punter, you'd be foolish not to for the mid to longer term. Knee-jerk selling of NatSemi (ticker: NSM) stock this morning as it turned in good Q3 results, which we've reported elsewhere today. It currently stands at around $75 from $79 before its results were unveiled. With the forecasts NatSemi is making, the share price is also undervalued in our opinion. No amount of lack of Coppermines can keep old Intel (ticker: INTC) down. When we last looked, its share price was only one eighth away from $120, giving it a fair chance of beating its 52-week high which happened on the 7th of March -- Gigglehurts Day. Isn't it time INTCzilla thought about splitting its stock again? This share price has delivered good long term results for the last nine years. As for Cheapzilla (ticker: AMD), it has already fallen by $5 since the New York Stock Exchange opened for business. How's little Lucy Lucent (ticker: LU)? Its shares fell slightly and are hovering around the $69 mark. That's up around $12 since we last recommended it a fortnight or so ago. We heard then there were other spin-offs afoot. ® * Register staff do not trade in shares they write about. RMBS: Rambus Ink has brilliant future LU: Lucent spin-off unlikely to be the last. Last Crash Register

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