Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 94.82

+2.7%

Nov 26 3:59 PM EST

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To: Wiski1313 who wrote (3314)	3/22/1998 9:13:00 AM
From: Michael H. Dragon	Read Replies (1) of 93625

I bought into rmbs for the first time last week at 41 1/4 and I can tell you if your looking for a stellar earnings report next month it is not going to happen.They already said that earnings will be essentially flat.Earnings were artificially inflated last quarter due to Christmas sales of Nintendo64's.I bought rmbs last week because I think they will have a positive cc when earnings come out and it has tested the 40 level more than once and rebounded.If it gets a bounce above 45 I'll probably sell and look to get back in somewhere down the line.On a side note did anyone see the ceo of Insight on cnbc when he said business is strong and has never been better?If nsit can ever close above 43 I do believe it will take off to atleast 55.Checkout their chart and let me know what you think. Mike

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