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


To: richard surckla who wrote (35069)11/23/1999 3:37:00 PM
From: Richard Habib  Read Replies (2) | Respond to of 93625
 
Richard, I don't know about Zeev as he appears to be presently trading technicals but I'll tell you why I'm accumulating. If you remember my posts to Dave B. regarding DDR, I always expected some design wins and RMBS was trading in the 90's. As for PC 133, anyone who listened carefully to Intel has believed for many months now that Intel would provide some support for PC 133. That during the time RMBS was trading in the 90's. The point is, the only change besides the poor 820 launch is in sentiment.
As regards the 820 launch, a couple of months from now PC Mag will be full of PCs with RMBS. Presently, demand is ahead of supply for Coppermine and 820's are scarce. Wouldn't expect a PR campaign until supply is there.

Bottom line if you have a high cost basis you'll probably be able to get out of this with a profit. If you've got cash and can see the forest for the trees you'd be accumulating. Rich



To: richard surckla who wrote (35069)11/23/1999 3:45:00 PM
From: Estephen  Respond to of 93625
 
Looks to me like rambus is hanging by a thread. I'm looking for a drop to 68 before i think about buying this dog. Too many other good stock out there.



To: richard surckla who wrote (35069)11/23/1999 4:20:00 PM
From: Zeev Hed  Respond to of 93625
 
Richard, there are a number of reasons, none very solid, however, it is hanging by a thread alright, and thus my suggestion that a close stop be used. On the other hand, a whiff of good news could blow this one $20 within a week. With the IEI here at -3, and the stock showing some resilience around here, and having come down quite a lot from my last exit, I thought the risk reward is acceptable.

Zeev