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

To: Don Green who wrote (26752)	8/9/1999 6:40:00 PM
From: MulhollandDrive	Read Replies (4) \| Respond to of 93625

>>I wonder how many investment books or guru's discuss the benefits of buying and holding a stock with a 300 plus P/E... Maybe I should send Warren Buffett an E mail question on that one.<< Don, Please. You whiney-ass non-holders (or shorts) always revert to PE multiple arguments for not buying. Get over it. BTW, I think you forgot to mention the high BETA, that's always a major stock killer too.<g> If you like the Warren Buffet style of investing, stay out of tech...he has. Smile bp

To: Don Green who wrote (26752)	8/9/1999 10:43:00 PM
From: grok	Read Replies (1) \| Respond to of 93625

RE: <I wonder how many investment books or guru's discuss the benefits of buying and holding a stock with a 300 plus P/E...> I think that you should give up on this pe stuff. It is quite amazing that rambus has a pe at all since they haven't yet recorded one dollar of royalty revenue from Direct Rdram. Do you realize that? All the effort put into drdram, all the design wins, all the endorsements are contributing to future earnings and none of it hits the books until next quarter. It is very amazing that they've had 11 straight quarters of profitability. If they were just losing money then you couldn't be complaining about their pe ratio.