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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 96.60+0.3%12:27 PM EST

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To: MulhollandDrive who wrote (9416)11/10/1998 1:20:00 PM
From: Alan Hume  Read Replies (2) of 93625
 
Hi bp

Define "hype".

There was quite some whistful thinking of $15 jumps made in the not to distant past. Don't get me wrong, I am not a pessimist, just the opposite in fact, but with its very high PE, RMBS is going to need facts in the form of hard earnings before we see quantum jumps again. And we certainly will see them in Q1/Q2 calender '99. Right now, an earnings revision from or the other brokerage should see us firmly over the $70 however.

Alan
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