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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 93.49+1.2%10:07 AM EST

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To: Mkilloran who wrote (10672)11/30/1998 4:16:00 PM
From: MulhollandDrive  Read Replies (2) of 93625
 
>>Moving target<<

Exactly my point, we've been having some fun speculating about potential earnings, but at the present time, we don't even have a firm grasp on the variables, so calculating "reasonable" PE's for a stock like RMBS is just a waste of time.

The price of RMBS stock is responding to market supply/demand dynamic, it's a simple as that.

There is no question that DDR DRAM will have "a" market, but the licensing agreements that RMBS has obtained thus far will make RDRAM "the" market. Stock price will reflect that.

bp
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