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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 87.63-3.9%3:59 PM EST
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To: MileHigh who wrote (10550)11/29/1998 9:27:00 AM
From: Alan Hume  Read Replies (3) of 93625
 
Hi Mile,

"I am not surprised at getting to $94, I am though at how fast".

Actually I disagree with you. I follow a bunch of software, semicon and computer stocks very closely. I could give you a long list of mid cap stocks in this group which have doubled since October 7th. Compared to these, RMBS, despite its better mid and long term prospects has been a lagard.

This IMO confirms that Joe public has not been kissed awake yet. The current spurt is without doubt due to A)Fidelity and B)the first public demonstration of RMBS technology at the recent COMDEX.

There has recently been much speculation on the thread recently about revenues and percentages et al. No one who voiced his opinion or submitted a financial model considered HYPE. When Camino hits the desktop market, "RAMBUS" will become become a household word to computer nurds, just as VOODOO and SOUNDBLASTER. This hype will A) accelerate the price ramp up and B) for a time at least push the price to at least 50% above its fair market value.

I am niether hyping nor daydreaming, but attempting to paint a picture of how the world often reacts

Have a good Sunday. Played 18 holes this morning at 2°C with winter greens (You have every right to question my sanity)

Alan
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