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

To: Ian Anderson who wrote (23589)	6/25/1999 10:22:00 AM
From: Dave B	Respond to of 93625

Ian, Is this a buying opportunity, or just trouble? If we assume we'll hit Edelstone's price target of $150 in 12 months, then we have a 50% gain from the $100/share price, or a 66% gain from the $90/share price. A 66% gain sounds better than a 50% gain to me so I'd vote for buying opportunity. Of course, we may have even better buying opps if it drops lower, but we're in the game-playing stages now. There isn't any bad news driving this, just the short-term traders continual battle (both shorts and longs). The news just keeps getting better and better. Dave