>>Off Topic<< I actually sold off my RMBS the week of Oct. 15, about one week after I bought it, a little bit above break even. I planned on keeping it long term, but I did not do enough due diligence and after I bought it I realized that RMBS will dump a bunch of new shares on the market soon -- I think in November. I decided I did not want to be holding when that happens, because the stock was slammed when it happened this summer. :-) I'll wait until after the new shares settle out before jumping back in. The PE is scary now, but some people I respect think the stock price will quadruple in the next two years when the Rambus licensing revenues start pouring in. The PE doesn't tell an accurate story, because the profit structure is licensing based with close ties to Intel, rather than being a typical product based company. There's a lot of risk in RMBS.
Companies I like right now are CYMI and MCRE. What are your favorites?
For more info on MCRE, check out: exchange2000.com
The conference call replay from 10/23 is (800) 633-8284, reservation number 3202316. MCRE writes software tools for digital image applications, such as Kai's Power Goo. It also has cool 3D technology. It held up well last week.
For more info on CYMI, check out:
exchange2000.com
The conference call replay from 10/23 is (800) 633-8284, reservation number 3033604. CYMI builds deep UV lasers for semiconductor processing equipment that is needed to build .25 micron and below chips, such as Intel's Merced and the newer small-die 16M and 64M DRAMs. Its stock price went up on Friday, as it was already brutalized in September.
Do your own due diligence -- I don't want Rarebird jumping all over me again!! |
