Hi all,
I've been a silent observer for a while. I just got back in with my little investment (sorry Vegas) at 62.75. This stock is worth about $80 at this time, and bounces between 40 and 80, then 60 and 100, and who knows what next. But over the last 2 minutes, it has jumped about a point and a half. Someone else is buying back in, big time.
There have been projections based on the income stream beginning to come on line, and then using a multiple of 250. That's pretty scary. You only get a multiple of 250 in anticipation of income stream coming on line. Once it starts, you don't expect those multiples any more. Indeed, Intel wobbles between multiples of 20 and 40, because it's considered a mature technology. RMBS will settle down when it starts realizing full royalties.
In the interim, watch for bounces like this, and hang on for the ride.
Regards,
Marc |
