Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 115.18

-7.7%

Jan 23 9:30 AM EST

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To: Don Green who wrote (9776)	11/17/1998 6:12:00 PM
From: Dr. Id	Read Replies (1) of 93625

Tim, the fact that the market didn't rally on this news means there is a lot of worry in the Fed action, which implies things must be much worse than many thought. and we all know what that means The market didn't rally because the interest rate cut was already factored in. I think we saw a small rally after the announcement in relief that the Fed cut the rate, but then it gave it back. I don't see any implication that "things must be much worse than many thought". The only consensus that can be gathered from today's action is that there is no consensus. As usual, no one knows where things are going. THe only thing I feel relatively sure about is that Rambus will be worth alot more a year from now than it is now (as will CPQ, INTC, and CSCO...). JB

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