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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (21891)6/7/1999 6:51:00 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 93625
 
Don,

You know it could be that Edelstone lowering estimates is standard CYA imo. Coming out with a Strong Buy could be that he's setting himself up to be the hero.....Get's his clients in at this level, then IF earnings beat his lowered estimates, RMBS takes off again.

bp



To: Don Green who wrote (21891)6/7/1999 6:51:00 PM
From: sam  Read Replies (2) | Respond to of 93625
 
It's funny what people pick up on. You and Faber both focused legitimately on next years earnings. Bloomberg, on the other hand, on this: "The company 'will become the most profitable semiconductor company ever in terms of margins,' [Edelstone] said, looking ahead two to three years."