Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 87.70

-3.8%

Nov 18 3:59 PM EST

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To: Don Green who wrote (26752)	8/9/1999 10:43:00 PM
From: grok	Read Replies (1) of 93625

RE: <I wonder how many investment books or guru's discuss the benefits of buying and holding a stock with a 300 plus P/E...> I think that you should give up on this pe stuff. It is quite amazing that rambus has a pe at all since they haven't yet recorded one dollar of royalty revenue from Direct Rdram. Do you realize that? All the effort put into drdram, all the design wins, all the endorsements are contributing to future earnings and none of it hits the books until next quarter. It is very amazing that they've had 11 straight quarters of profitability. If they were just losing money then you couldn't be complaining about their pe ratio.

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