SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 106.06-0.8%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Boplicity who wrote (2249)11/12/1997 4:31:00 PM
From: Elmer  Read Replies (1) of 93625
 
Greg,
I just pulled a Netscape chart that included the first time that stock rolled over after its IPO. NSCP peaked about Jan. 31, 1996 at $86 per share (after the 2:1 split) and declined for about two and one half months. It bottomed at $35 but never closed below $38.50. There are a lot of similarities between NSCP and RMBS including the fact that both were the top IPO of their class, both were venture backed by Kleiner Perkins and both possessed extraordinary future potential.

The interesting thing about the comparison is that after two and one half months of decline, NSCP turned around and doubled off its bottom. If history repeats itself, RMBS will run up like crazy in the next few days.

At least I hope so.

Regards

David
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext