ARM Holdings (Advanced RISC Machines) plc. Message Board

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Technology Stocks : ARM Holdings (Advanced RISC Machines) plc.

ARMH 67.77

0.0%

Sep 6 5:00 PM EST

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To: Tan Tran who wrote (167)	7/2/1999 4:46:00 PM
From: ian cameron-mowat	Read Replies (1) of 912

Well maybe the bid rumour is exagerated. It's the only reason I can think of for this rise-up about 20% TODAY in London. The p/e seems well over 200 now. The technology is obviously amazing (I'm a former electronic engineer), but surely the p/e shouldn't be so much greater than the growth in percentage terms. Somebody knows the reason why this stock is racing up, but not me! There must be incredible demand-msdw sold about 20% of the company and the price went up. Apple has reduced its holding from 25% to 10% and the price went up. This looks like the new INTEL but surely even INTEL didn't rise this fast. (I wasn't investing in techstocks then and I don't want to miss the next one!) Good investing-this one is rocketing

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