Rambus (RMBS) - Eagle or Penguin Message Board

STOCKTALK

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 104.08

+2.4%

Dec 8 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Scott Maxwell who wrote (4304)	5/26/1998 5:27:00 PM
From: HerbVic	of 93625

It's the basket effect that is beating down RMBS. It is in the PC basket - Inventory glut & market saturation It is in the microchip basket - Asian economy & inventory glut The PC inventory glut is going to delay profits from the next generation of FAST PCs. RMBS had next year's potential profits already priced into the stock. However the current price should be a buy recommendation, and as soon as the analysts finish flicking their abacus, an announcement in recognition of that perception should be forthcoming. In this market, it's a bargain only as soon as it starts to go up. As before, the ramp up should be much steeper than the ramp down. It may not be as high this time though. I'd be surprised if this bear market holds for another two days. At the close today, I had three stocks in my sights and missed all three from trying to squeeze an extra few cents with the plunging DOW. The money will come back to the techs this week, and the broader market will follow suit. But don't expect it to last more than a few weeks. HerbVic

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next