Alan,
>>>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.
I am glad you disagree and see the stock moving higher. I hope you are right <gg>
>>>The current spurt is without doubt due to A)Fidelity and B)the first public demonstration of RMBS technology at the recent COMDEX.
I agree, and for a more academic reason, a lot of the risk has been taken out of the stock, i.e., INTC/MU investment, Intel roadmap has not changed, DRA manu's are ramping up production, and Camino/Katmai are around the corner....Therefore more buyers feel comfortable entering, thus the frenzied buying interest.
In closing, my point was that we are already at a PE of 300 now. That is HUGE and the market has already discounted much of their future earnings. That is why I am surprised abit. I also, am inclined to believe that the market is discounting some news or information that they think is coming..
Just think if RMBS introduces a refinement to the current offering which will overcome some of the technical issues without needing any retooling or the like. That would be great news!
>>>No one who voiced his opinion or submitted a financial model considered HYPE.
I do not care how it gets to $400-500. It all spends the same, hype or no hype <gg>.
>>>Played 18 holes this morning at 2°C with winter greens (You have every right to question my sanity)
Where do you reside?
Regards,
MileHigh |
