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

To: BillT who wrote (22631)	6/16/1999 12:52:00 PM
From: Don Green	Read Replies (2) \| Respond to of 93625

Fred As I have stated many times, what CISCO did and what RAMBUS might do are apples and orange. My point has always been, without IDEAL stock market conditions which were present in the last few years, stock valuations will not provide the kind of prices you and others dream of. My concerns have always been on how high I feel the market can and will go over the next few years. This is where I see the problem. I doubt such lofty heights can be obtained if the market is much lower than it is today. I am not a market BEAR but a realist and feel this market and country as a whole is greatly over-extended it's credit line. At some point it will be time to pay..and at that point I prefer not to holding a stock with a 300 plus P/E. Once earnings start to grown and that P/E is in the mid 2 digit area you have a good change for success. Cisco presently has a 98 P/E and Rambus 289. BTW, in your opinion..why haven't more non Rambus IPO brokerage houses jumped on this gravey train..next MSFT etc...? Where is Goldman, Mer.Lyn., Salomon etc..? regards Don