Original URL: https://www.theregister.com/1999/07/21/rambus_a_yoyo_rollercoasta_experience/

Rambus a yo-yo rollercoasta experience for share addicts

Intel's statement puts cat experience into share pigeons

By Mike Magee

Posted in On-Prem, 21st July 1999 15:38 GMT

Rambus Watch After Intel's pre-emptive but predictive statement last Monday, we saw prices drop like pigeon's droppings, that is, of course, if pigeons can fly high... At the time we posted our post on Monday, shares were very high at over $110 but gradually a huge volume of shares (over three million) were traded). Yesterday (Tuesday), saw a slight recovery as the RMBS share price managed to rally to $99. On the message boards of investors, there was a huge hoo-haa in which even your humble Register got mentioned. So, for these very reasons, we have decided specifically to track the Rambus share price, on a once-per week basis. When we published our story back when that samples of RDIMMs would be massively delayed, we received much flak from investors in the product. Some analysts are still forecasting that Rambus is, in WSJ-speak, a long bet. They may well be right. The vengeance of Intel is long, too, and reaches into the smallest crevices of the IT industry. Morgan Stanley, late yesterday, re-iterated that Rambus is a strong buy. For people trading long, this has got to be true. Intel is, after all, the kind of company that doesn't like people treading on its tail. As this story was filed, Rambus' share price had risen to over $102.... ®