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Reg pins down Rambus story

What a difference a day trader makes

Intel Developer Forum No-one was more shocked than Intel at how the shares of Rambus Ink soared the day it introduced its Willamette chip, we can reveal. In fact, a source very close to Intel's plans, said yesterday that "Rambus was the surprise celebrity at this IDF". So what exactly happened? Apparently, Ted and Jane's CNN ran an interview with someone very early on Tuesday morning where the pundit was asked what the significance of the 1.5GHz announcement was. Said pundit repeated the Intel party line that this microprocessor would not work with any other memory technology than Rambus RIMMs. Result, people all over this country piled their savings into Rambus Ink, sendings its shares to a stratospheric level. During the mad fever, the shares soared to over $168 each, almost the price of a RIMM itself. The shares stand at $140 right now. As every dog and its man know, you don't need to stuff motherboards with RIMMs to run Willamette. There's got to be something wrong here... We can report that at the memory briefing a couple of evenings back, there were fifty people present, and about half of them were financial analysts. And, during the Willamette demo itself, here in the press office, we were sat next to a couple of busy bees from New York who were actually trading from the press office itself. Who let these people in? Intel? ®

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