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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 101.61+2.8%Dec 5 9:30 AM EST

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To: Softechie who wrote (72586)5/11/2001 4:46:29 PM
From: Sun Tzu  Read Replies (2) of 93625
 
The conference just ended after one boring question. I think this dog (or is it a parrot?) is dead; no decent analyst even bothered to listen to the conference and ask questions. They didn't even bother asking questions like "has anyone told you they will stop royalty payments?" or "what effect will this weeks judgement have on your European cases" or a dozen other questions that I can think of. And why is that? Because in my opinion, nobody cares anymore. They've decided what to do with this stock regardless of what the company says, and something tells me the decision is not a "buy".

I think that $5 stock price is a lot closer than anyone thought. Perhaps the options expiry next week will keep the price above 8. But after that a drop below 5 will not be unrealistic.

ST
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