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Technology Stocks : Intel Corporation (INTC)
INTC 39.38+6.7%Jan 2 9:30 AM EST
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To: puborectalis who wrote (72536)1/31/1999 5:25:00 PM
From: Fred Fahmy   of 186894
 
Stephen,

<why is Rambus in the doghouse?>

I wouldn't characterize a stock with a P/E greater than 200, trading at 40X book value and 40X sales as being in the doghouse. Sounds more like an internet stock than a stock in the doghouse <g>.

I think RMBS has a lot of potential as a company but I also think it is more than fairly valued. I would be a buyer in the 50's.

FF
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