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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 91.85-3.0%Dec 31 3:59 PM EST
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To: bundashus who wrote (19179)4/23/1999 2:33:00 PM
From: Fiscally Conservative  Read Replies (1) of 93625
 
There are so many people who do not believe that RMBS will be the memory platform by 2001. It shows by the posts here. Just reading them I realize that many don't know enough about the company to accurately estimate its future. The street knows. The street knows that there is much speculation in Rambus right now. The street knows that there are many who are scared about the short term value in the stock.( just released earnings,inline with estimates.no new news about the future )This is why the stock is trading lower. As Uncle West said;"there are simply no buyers right now".
What else could be expected. Does that mean that I am bearish on the stock. Hell NO!! The earnings growth will not be a matter of record until 4/2000. Without the earnings proof, the stock trades only on speculation. I was hoping that the earnings just released would be a penny better but....
What will matter most is where this baby will be trading by Christmas. I'am convinced it will be over 100.Maybe 125! The only thing that will hurt my outlook will be negative posturing by Intel.
RMBS will be in the newer PC boxes this fall. How much is up to the box makers.RMBS will be the majority memory platform by 2001.
So if you want reassurances seek out a counseler. Otherwise, do your homework !
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