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


To: unclewest who wrote (36029)12/28/1999 5:40:00 AM
From: D.B. Cooper  Read Replies (2) | Respond to of 93625
 
It seems to me that the rules of the market are changing.
The old rules of value investing are disappearing. No longer do we buy stocks with P.E. ratios of 8 and sell them when they get to 12 because they are overpriced. We are all now buying on momentum and on projected next year earnings. IMHO the computer and the internet have taken the market away from the houses.
I don't know about RMBS,I am out right now. I think I would rather be in after a movement to the upside. This stock has created quite some discussion in our household. There must be so many other old RMBS bulls that have put their money elsewhere right now that will be back in a flash on movement, not news afraid to miss out on the run.
Just some very early morning ramblings.
Good luck everyone
don



To: unclewest who wrote (36029)12/28/1999 2:32:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 93625
 
Uncle, and the time for the move might be right now. The volume is increasing nicely, and the price is getting a little hotter as well. It has been some time since RMBS daily trading range was more than $2.

Zeev