Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 90.56

-4.4%

Dec 17 3:59 PM EST

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To: KM who wrote (2466)	11/24/1997 10:57:00 AM
From: TEColeman	Read Replies (2) of 93625

Based on expected earnings for next year of 0.48 and a growth rate of 108% from this year, the fair market value should be around 52$ against next years earnings. That's why I've shorted the stock at 60$. I also believe that the PC market may be slowing and their earnings for next year may be too ambitious. Just one guys opinion.. Congrats to all the longs who held through the recent 40% rise. You may want to take profits soon. TEC

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