Rambus (RMBS) - Eagle or Penguin Message Board

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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: Don Green who wrote (16054)	2/19/1999 9:15:00 PM
From: Dave B	Read Replies (1) of 93625

Don, On every bad day there are gainers. In every bear market there are gainers. I've never heard the CNBC say that the winners/losers ratio is 0. Not every stock drops when the market tanks. And many of those that do come back very quickly. If earnings double, triple, or more each year for the next 3, 4, 5, ... years, then, even if we have a 5 year bear market, Rambus will a) do better than the vast majority of stocks in the market, and b) we will see increases in the stock price (maybe not commensurate with the gain in earnings but we won't see that anyway as the PE comes down). And I've been around since about 1982, so I've seen a couple of down years. And I think most of the others on this thread have too. Not all, but most. I'm not weighing in on the $48 argument at all. I don't care; it's a short term issue. But Rambus will be great regardless of the market. It may just be less great than in a good market. Just my $.02. Dave B

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