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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.82+2.7%3:59 PM EST

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To: Guy Peter Cordaro who wrote (3013)2/13/1998 9:59:00 AM
From: TEColeman  Read Replies (1) of 93625
 
RMBS bulls: Well, I have to eat my words...we did see 50 before 30, but I have yet to see any fundamental analysis, numbers, that support your ra..ra.. support of RMBS. I am easily swayed by data, but have yet to see any. At present valuations, RMBS would need to have revenues of $1billion, yet present sales are at $29million. Even the promise of $100million in royalties is insufficient for this valuation.

Lest we forget, just a few weeks ago RMBS announced flat earnings for next 2 quarters due to royalties.

Also, making predictions for 2000 or 2001 isn't very convincing. Doesn't anyone realize that the market place abhors a monopoly..someone will undoubtly create a competing technology (sure this is speculation, but so is the notion that RMBS will run unfettered).

Reality is probably somewhere between you and me.

TEC
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