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


To: Tenchusatsu who wrote (35345)11/28/1999 7:05:00 PM
From: Ian@SI  Read Replies (1) | Respond to of 93625
 
Ten,

I've never stated nor implied that INTC was turning its back on RMBS.

Though, of course, that's a possibility which can't be ruled out.

I have stated that INTC has opened the door to both PC133 and DDR support.

This is a definite step away from RMBS.

I've further stated that the niche that RMBS will capture is much smaller than that expected at IPO and thereafter.

I've further stated that the company's officers leave much to be desired when it comes to open, honest and complete communication with their shareholders and the media.

And I'm totally disgusted with the accounting games that they've played even before coming public using accounting reclassifications to make their "number".

and those reclassifications have been buried in footnotes to Edgar filings rather than openly communicated in the Press Releases that many novice investors may rely upon.

All this, for me, adds up to a company that I wouldn't invest your money in, let alone mine.

But then again, it's your money to do with as you see fit.

I don't believe that you're doing any of SI's readers a service with your undying loyalty to RMBS. There's a huge amount of optimism already priced into the stock.

And I just can't see what will ever justify all that optimism.

JMHO,
Ian.