Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 87.70

-3.8%

3:59 PM EST

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To: Don Green who wrote (26778)	8/10/1999 12:06:00 AM
From: Richard Habib	Read Replies (3) of 93625

>I think that you should give up on this pe stuff Unbeliveable, you nearly convinced me to short the market. It's really hard to lose in this market when a significant percentage of investors are so disassociated from basic common sense. In the RMBS story, PE is probably the single most important factor determining the profitability of any long term play - not the endless parade of small design wins and test equipment announcements Unclewest likes to trot out. Regarding S. Steele, perhaps some of you should spend time at my home in Jackson Hole, where trust funders are a dime a dozen, most of whom, by the way claim to be self-made men - I suppose in the same way Bush Jr. is. I don't know S. Steele's investment background but I do know that wealth, including extreme wealth is certainly no guarantee of investment ability or even of intelligence. But he seems like a nice guy. I'm sure when he starts selling he'll let all of us know in advance. Rich

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