Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 88.13

+1.1%

3:59 PM EST

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To: puborectalis who wrote (17316)	3/12/1999 8:58:00 PM
From: Gary Wisdom	Read Replies (1) of 93625

Stephen, imho, those analysts did not upgrade Rambus on prospective future earnings. They upgraded to save their asses. Just look at Merrill Lynch. They pounded the table on Oracle on the day of earnings, and then downgraded it the day after. They pounded to give their clients a chance to get out. Edelstone did the same. In the long term, Rambus is a great buy. But in the short term, it's anyone's guess.

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