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


To: jhg_in_kc who wrote (31997)10/12/1999 7:00:00 PM
From: RetiredNow  Respond to of 93625
 
Well, I believe that a fix has been engineered from what I have seen in the news, and I believe that will be announced this Friday. I also believe that the Rambus ramp has now been delayed for about 3 months and may occur much more slowly because of the confidence that has been lost in the RDRAM roadmap.

So I believe that for me personally, I have lost nothing by getting back in close to where I was before. However, I do think that the risk of more damage to the stock price is extremely high. This stock could lose half its value overnight if there is another problem. However, it is also possible that we may see a bounce back to the $90 area by the Monday. So basicly, I have resigned myself to the risk and put money down on the table. I hope I'm right, but I can't advise you what to do for yourself. Good luck whatever you decide.