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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.69-0.8%2:47 PM EST

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To: jopawa who wrote (8739)10/16/1998 10:49:00 PM
From: MileHigh  Read Replies (1) of 93625
 
John,

Let's think about it:

1-We got the INTC/MU news today and RMBS gave us nothing in the end- zilch! Bullish news and nothing.

2-My 10/15/98 First Call Earnings Estimate Report states that in the last 7 days/30 days/60 days/90 days, 3 analysts revised estimates downward and 2 up.

3- Q2-Q3-Q4 FY '98 Revenue and EPS growth is zilch. We know why, but it still is. So I believe some investors may have dumped it, especially after it did not move on todays news.

So what's the next impetus? I only see investment banker recommendations and new upward FY '00 revenue and EPS estimates.

Do you see anything else? Damn, why did I buy today!? <ggg>

MileHigh
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