Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 88.13

+1.0%

Nov 21 3:59 PM EST

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To: dougjn who wrote (790)	8/9/1997 9:15:00 PM
From: Ian@SI	of 93625

Doug, The prospectus is an excellent source of the basic information that you are seeking. It's available at a variety of sites: sec.gov edgar-online - I forget the URL, if you don't have it, can't find it and want it, ask and I'll look it up. or my current favorite, freeedgar.com If you read through to the very end, you'll see that RMBS played some accounting games to turn a $0.03 / share loss into a $0.02 profit just prior to the IPO. Completely unnecessary, but to me indicated the ethical standard of the officers. For that reason, I wouldn't trust any of the unaudited financial statements (i.e. - the 10Qs). I have decided to watch this one as an outsider. In much the same way, out of curiousity, I watched SOLV and ISSM. Both took much longer to tank than expected. RMBS, IMHO, is a much better bet than either of those. Ian.

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