SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 95.26+3.1%Nov 14 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Richard Habib who wrote (30833)9/27/1999 1:35:00 PM
From: Don Green  Read Replies (2) of 93625
 
> That will indicate the story is basically intact and the stock will return relatively shortly to the 90-100 area.

Richard even with more favorable news, without KEY brokerage house upgrades which seem pretty unlikely anytime soon", all you can't expect for Rambus near-term is a 50-70 trading range. The next event will be what Rambus say's about earnings outlook, in a few weeks.

But as stated earlier a lot of creditability has been damaged.

Then if we get any further tumbling of the overall market and tech sector after Mid Oct earnings come out, the 40's are very possible.

The worse sign right now is Intel is rallying with the rest of the Tech sector.

regards

Don
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext