Market headed for good times?

Electronic News reported (9/7/2005):

Intel Corp. will announce that it is on track with its Q3 guidance tomorrow in its schedules mid-quarter update, according to one analyst.

Tim Luke, a Lehman Brothers managing director of equity research, said in a research note this morning that the firm expects Intel will report solid demand trends and a healthy quarter.

“We look for management to maintain a midpoint at or slightly above its original $9.9 billion/plus 7.3 percent quarter-over-quarter guidance,” he said, noting that the sales range of guidance given for the quarter is $9.6 billion and $10.2 billion.

Mark Hulbert of Market Watch notes the glee:

Richard Russell, editor of Dow Theory Letters, has turned "totally neutral on the stock market -- at least as to the secondary trend."

Russell has been a bearish for years and years.

What does this mean for Rambus? Who knows? But Electronic News further reported:

United Microelectronics Corp. said today that August sales of $244.5 million (8 billion new Taiwanese dollars) fell 30 percent year over year, but rose from July's $213.9 billion (7 billion NT).

. . . and Ramboids care? Yup, Joe for the Pinehurst Thread forwarded this one too:

LOS ALTOS, Calif. and HSINCHU, Taiwan - 8/23/2005 Rambus Inc. (Nasdaq: RMBS), one of the world’s premier technology licensing companies specializing in high-speed chip interfaces and UMC, a world leading semiconductor foundry (NYSE: UMC, TAIEX: 2303), today announced that they have extended the availability of Rambus’ patented PCI Express* PHY cells to UMC’s 180nm, 150nm, and 90nm processes. This development expands on the existing 130nm licensing agreement between the two companies, which was signed in 2004. (Emphasis added.)

Hat tip to Joe of the Pinehurst Thread.