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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 88.13+1.0%Nov 21 9:30 AM EST

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To: jopawa who wrote (13011)1/12/1999 12:59:00 PM
From: REH  Read Replies (1) of 93625
 
I got a lot of respect for him also but this one didn't make much sense to me - he downgrades the stock:

- the day intc are going to announce
- two days before rmbs announces Q1 (and possibly 2/1 split)
- same day that Acer deal is announced
- he's report is very bullish long term

quote

"We expect to release of initial earnings estimate for fiscal 2000 after Rambus reports its December-quarter results, and due to easy comparisons and the initial ramp of Direct Rambus DRAM's in PC's, we expect earnings growth in fiscal 2000 to increase by around 150% over fiscal 1999

then MS goes out and buys the stock!

I'm sorry but I strongly disagree with him and my official comment is an upgrade to Strong Buy with a 12 month target of $ 225.00 (you heard it hear first)

reh
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