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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 88.13+1.0%Nov 21 9:30 AM EST

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To: Linkster who wrote (1607)8/27/1997 12:25:00 PM
From: Reno With Love   of 93625
 
I got in RMBS not too long ago at $32. I may sell today at $80. I'm seriously thinking about it anyway. Rambus is a great company, but RMBS the stock has just gotten too speculative. CSCO never had a coming year p/e like RMBS does now... even if it does become the next CSCO, I'm still not sure it would be much of a bargain at the current price. Even with its superfast growth rate, the stock is going to have to take a break and at least plod sideways for a while, if not down. I always say, "don't fight the tape," but this is getting ridiculous. I wanted to sell at $55, but something told me to hold. Now that it is $80, my gut is really telling me to take my profits and move the money elsewhere... what do you guys think? Should I sell now or wait for $100?
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