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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 108.00+4.8%3:59 PM EST

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To: starpopper who wrote (3911)5/26/1998 9:03:00 PM
From: starpopper  Read Replies (2) of 93625
 
Added some more today and anticipate the opportunity to do so again below $35. $28-$32 should prove to be an absolute floor for RMBS...at that price takeover specialists would be salivating!

This environment is going to create some incredible buying opportunities in a number of underestimated and overlooked stocks. While the big boys have been wildly driving blue chip stocks well beyond their PEG ratios, there are a number of spectacular stocks out there that are valued at a fraction of their current and projected growth rates. RMBS, MRVC, & CS are a few!

The bearishness of the past week, and probably for the next month or so, is going to be very healthy for this market. We might test 8000 before it's all over, then the BULL will return with a vengeance! A projected $40 BILLION surplus, strong $$$ flow into the market, and lower interest rates because of a slowing US economy in the second half, can't help but push us into the stratosphere in 1999! We may well see a total gain in the markets in excess of 30% in 1999 if we shed a few hundred points now! That should translate into a price of $200+ for RMBS in a little over a year!!!

$weet Dream$

$tar.
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