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

To: Richard Habib who wrote (30833)	9/27/1999 1:35:00 PM
From: Don Green	Read Replies (2) \| Respond to of 93625

> That will indicate the story is basically intact and the stock will return relatively shortly to the 90-100 area. Richard even with more favorable news, without KEY brokerage house upgrades which seem pretty unlikely anytime soon", all you can't expect for Rambus near-term is a 50-70 trading range. The next event will be what Rambus say's about earnings outlook, in a few weeks. But as stated earlier a lot of creditability has been damaged. Then if we get any further tumbling of the overall market and tech sector after Mid Oct earnings come out, the 40's are very possible. The worse sign right now is Intel is rallying with the rest of the Tech sector. regards Don

To: Richard Habib who wrote (30833)	9/27/1999 1:48:00 PM
From: IceShark	Read Replies (1) \| Respond to of 93625

Rich, I don't know about that. I went into a major put position last week before the drop, so I have a bit riding on this and it may cloud my perspective (and cause some to think I'm trying to talk this down more). But the primary reasons for me taking the position did not include the expectation that this delay would occur. Sure it was a possibility, but really akin to odds of pulling an inside straight in my decision process - not high. So, I am at least one market participant that questioned the story and associated valuation before the delay came. This delay only reinforces the valuation doubts I had in the first place. If I had a long position (or were thinking about one), I would be very upset the way this unfolded and would consider this a significant change, even if the introduction is only delayed a month or two. Sure I have a vested interest at this point, but people should be aware of what happens when trust is shaken, and I suspect that has occurred - a few analysts agree with me.