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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 91.67+4.5%10:36 AM EST

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To: Boplicity who wrote (14458)1/28/1999 11:36:00 AM
From: MulhollandDrive  Read Replies (4) of 93625
 
You know Greg, my first positive impressions of the management was a big part of the reason I felt confidence in buying RMBS in the first place. Then the shareholders got whacked with the "nosebleed" territory comment during an interview about the company. Next they re-iterate what was already known about earnings estimates when the stock was trading near an all time high, putting the kibosh on demand. Now maybe it's just me, but I'm starting to get the impression that these guys really aren't overly concerned with stock appreciation for the shareholders. I guess I'm saying that now I'm holding my shares in spite of the management and simply because INTC has given Direct Rambus their blessing. The 2 "flat earnings" warning is now beginning to show it's negative effect in a very demonstrable way.

bp
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