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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 89.85+2.5%1:50 PM EST

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To: pompsander who wrote (22463)6/13/1999 11:34:00 PM
From: Don Green  Read Replies (1) of 93625
 
pompsander..

EVERYTHING I comment on is how I think Rambus appears to the general market and will it be able to HOLD-UP it's VERY HIGH P/E WHEN the markets takes it's next BIG tumble..

I agree Rambus is a very attractive stock with huge potential, BUT you can't use MSFT,CSCO, Intel or DELL as example on what can or could be.. BECAUSE they all made their great moves in a very irrational and explosive market. 70-20-10.. IF by chance the market decides to retrench to maybe 6-7K on the DOW over the next year, ANY stock having a 3 digit P/E will likely get it's legs cut-off. No matter how great it's prospects are. That is just the way the market works. Even Chips! understands this.

But it will also likely ROCKET quickly higher if and when this STORM passes.

Why am I saying this is because there are very dark clouds on the horizon..Thunder can be heard...I prefer to go inside and watch the show and buy the BIG DIP rather then let the bus slide down the hill again.

I am not in anyway trying to say you should sell any of your stock. What I am saying is there is a very good chance in the next few months or weeks you will be able to buy Rambus AGAIN at a much cheaper than now.

Regards
Don
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