Hey, Uncle is not God, nor has he ever claimed to be (except, rumors say, to his wife - but she bought Broadcom, so who has the juice in that family).
Look, Rambus is a huge P/E stock, either on trailing or year 2000 earnings. If the 820 ships in volume this quarter, we still have a number of issues, or perceived issues to overcome. I believe Intel and Rambus are still on track, but what do I know. I am not worried about today's market action or next weeks. I will be interested in the 820's ultimate shipping and its acceptance. If the Vancouver board is not popular, that will be meaningful, but we are not there yet. If the Playstation is a failure, that would be meaningful, but we are not there yet. If DDR really takes off, that would be meaningful but (sorry Dan) we are not there yet.
If you bought a bunch of out of the money Nov/99 calls and are freaking out now, then I understand. But otherwise, let's all cool down and watch and listen.
Oh, Uncle....your are rehired, but as a Consultant at twice the pay. |
