Mile High, It is true that the idea of paying more for a chip that does less is something of a turnoff for a stock that is selling at 300 times earnings. If that is trashing this piece of fairy dust, so be it. <g> Rambus is simply a fantasy story that is never coming true. Intel tried bribery, blackmail and whining to get this dog of a chip off the ground, but it hasn't worked. They missed the Xmas season, which was their last window of opportunity.
O.K., that being said, there are enough people who think that if they applaud loud enough, Tinker Bell will wake up, that when and if Intel ever gets the chip to work at all and it is announced that they are able to ship the 7 chips that have been ordered with double your money back guarantees, the stock will have a short-lived dead rat bounce. At which point I will buy more puts. This is an $11 stock having a nice ride from analysts who just don't pay attention.
Good Luck,
MB |
