Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 92.72

+5.2%

3:59 PM EST

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To: MileHigh who wrote (14937)	2/2/1999 11:36:00 AM
From: MulhollandDrive	Read Replies (1) of 93625

Mile, >>His 12 month price range is $110--do you sell there?<< That's my point, he's saying "accumulate" RMBS at this level. Surely he realizes that with the float and the already established shareholder base, FEW will be accumulating RMBS in the 70's, any buying pressure pushes the stock much higher. I just think that based on what we KNOW, he can't realistically maintain his $110 price target, the way RMBS moves, it could be there in 2 months. So I'm questioning whether there is further positive information that will allow him to revise his estimates upward. I find it hard to believe that RMBS will dutifully respond to his price targets again. WS rarely allows a repeat of the same dance. bp

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