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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.17-1.2%3:59 PM EST

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To: REH who wrote (2907)2/3/1998 3:54:00 PM
From: Mitchell Ryan  Read Replies (1) of 93625
 
<<Makes absolutely no sense!>>

I hate to dampen your enthusiasm, but a flat earnings forecast and a lofty PE may be two reasons this stock may not make it back to 80 for some time. While I like the company, this stock is still highly speculative, and as such will continue to be volatile. If you've been around high tech long enough, you soon realize that over a span of even 1 year, radical changes can occur rapidly in this industry. These changes can alter the outlook significantly, either positively or negatively.

Will the outlook for Rambus be the same 1 year from now? Perhaps, but then again, it may not.

Regards,
Ryan

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