Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 96.35

+5.4%

Dec 19 3:59 PM EST

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To: Dan3 who wrote (47498)	7/18/2000 9:21:46 PM
From: Zeev Hed	Read Replies (2) of 93625

Dan, last year the earnings where $.02 and the stock has more than doubled since (actually about quadrupled), maybe your metric is missing something? To paraphrase an old slogan, "it is the economy ($4/share in two three years), stupid". At your 50 PE that would be $200 share in two three years, some people do not mind a double bagger in two years, particularly if they already have a more than four bagger under their belt. Zeev

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