>>what do think about todays opening? looking to get back in , but where?<<
rocky those are questions i am not qualified to answer. i will tell you how i visualize rmbs happening in the very very near term.
last year intel corporation declared rambus “the memory standard for the foreseeable
future.” intel's support has been unwavering. since then, rambus has been shrouded in
regular controversy stimulated by un-truths, half-truths, and much misunderstanding. this
has lead to a fluctuating stock price some describe as a trader's dream. imo that party is
about to end. the remaining shorts are going to get slammed and the longs who are out, waiting for a dip, are going to miss the bus.
rambus has no debt, $90 million in cash and positive increasing cash flow. most
importantly, rambus owns some 50 patents on an increasingly important memory
technology that is about to explode onto the pc, laptop, workstation and consumer
electronic scene.we have established through news releases and other open internet
research that rambus technology is or is going to be used across the entire computer
spectrum, as well as nintendo, sony playstation, high speed telephone equipment, and in graphics apps, printers and hdtv. this means it should work in hd dvd, scanners and many other consumer electronic devices as well.
i believe that rambus and intel have joint a pr plan that is going to be released beginning in a few weeks. i have said this before. i believe it more now. the silence from rambus and
intel has been deafening to those of us that follow rmbs every day. i think this is a setup
for some huge pr. rambus is a revolutionary technology that is going to allow us to use
pc's and other devices in ways most of us don't yet understand. revolutions are successfully accomplished with huge public fanfare.
the successful september release of the rambus enabled camino chipset by intel is vital to the well-being and growth of both companies. i just do not believe they are not going to sneak up on us with this one. rambus can afford to spend the entire $90 million. with
matching funds from intel this would make for a huge promo. i see no better use right now for rmbs funds than to actively promote the product to the folks that will be the buyers. i am convinced that as the information is released this stock is gonna fly. no one is paying
$90 a share because rmbs earned a nickel last quarter. it is the $5- $10 future quarters that has us all interested.
the above is all my opinion. i am rmbs long.
unclewest |
