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


To: JimLeo who wrote (33249)10/28/1999 9:26:00 PM
From: Don Green  Respond to of 93625
 
JimLeo

I never said I didn't believe in Rambus. I just don't agree with the levels of success in profits and stock price often predicted here. I feel the overall market dictates that and I feel if the market contracts from present levels over the next few years just as Rambus might be at it's peak, that will make it hard for it to reach those lofty levels.

As for Shorts...I don't think many of the shorts will cover until Rambus can maintain ( for 4-6 weeks ) a certain price level, maybe above 90 - 100 range and HOLD that level even in a weak market.

Also I think you will need to see the first big earnings surprise on the upside actually coming from the licensing fees to really get things rolling.

regards

Don