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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 114.23-0.8%3:59 PM EST

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To: Don Green who wrote (4964)6/23/1998 11:57:00 PM
From: Dave  Read Replies (1) of 93625
 
Don:

Re: Upgrades and P/E

Have you heard of William O'neil or even read his book entitled "How to Make Money in Stocks" In one chapter, he spoke of a guy he shorted Xerox in the 1960's since it's p/e was 100+...Of course, the guy lost his shirt...

Now, with this high P/E are expectations that Rmbs earnings will grow exponentially. If they don't, Bre-X might look like a stable investment... However, given Intel's backing and the fact that Rambus is the only supplier of high throughput DRAM...I think their prospects are pretty bright...

Private me and I will lend you a few hundred shares to short...

dave
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