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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 91.18-4.3%Nov 17 3:59 PM EST

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To: Rich1 who wrote (67873)3/15/2001 9:12:24 PM
From: Dan3  Read Replies (1) of 93625
 
Re: Edelstone reiterated buy at MSDW

I hope you didn't miss the last "buying opportunity" Edelstone revealed - you could have had Rambus shares for only $113.75 (and don't worry, that's a post split price) last June when Edelstone was pounding the table saying buy, buy, buy.

Look at the quote at the bottom of the page and see how much money you'd have made if you'd followed Edelstone's advice!

June 23, 2000, 11:20 a.m. PT
Morgan Stanley Dean Witter analyst Mark Edelstone, a longtime Rambus proponent, said that by 2003, Rambus could be collecting 1 to 2 percent on nearly all memory chips...

Shares of Rambus have surged since the Toshiba deal. Rambus stock was trading at $113.75 at midday today...

"The story has changed," Edelstone said. "Whereas there has always been a good degree of risk associated with the transition to Rambus-based memory, that's now a moot point. It's hard for me to believe anyone in their right mind would be short on the stock." - at $113.75!

Edelstone never misses, does he?
news.cnet.com
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