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Politics : RAMTRONIAN's Cache Inn -- Ignore unavailable to you. Want to Upgrade?


To: David C. Burns who wrote (7184)12/20/1999 7:49:00 PM
From: Harvey Allen  Respond to of 14464
 
I think $45. is reasonable. RMTR's 1995 market cap peaked at $375 million and leveled off at $300. As far as I can see this is the same company albeit beaten up a little bit. $300 million market cap in 1999 is $24/share. Add the overall appreciation in the valuation of stocks the past four years has to improve that $24. price.
I think that institutions were planning to ease in but the day trader surge (reaction to a piece off old news by the way) put those plans on hold. IMHO today's close puts us back on track.

Harvey



To: David C. Burns who wrote (7184)12/20/1999 11:08:00 PM
From: Carl R.  Respond to of 14464
 
Nah, he probably just has RMTR confused with RMBS and is short. <VBG>

Carl