Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Don Green who wrote (36203)	1/4/2000 3:40:00 PM
From: YxY	Read Replies (1) \| Respond to of 93625

Right but it seems we will have a strong close and with this market it is not a bad day for RMBS. One could have had support test or breaking on such a day

To: Don Green who wrote (36203)	1/4/2000 4:01:00 PM
From: gnuman	Read Replies (1) \| Respond to of 93625

Don, I'll play the game too. First some rationale for my predictions. I think this year we'll see a major correction in the technology segment that is greatly overvalued by historical standards. As the year progresses investors will flee to value, and P/E ratio's will come back down to reasonable levels. The dot.com effect on technology will abate, and except for a few co's with leadership positions in the dot.com and ebiz segments, the Nasdaq will take the biggest hit. (The insane valuations of the Nasdaq can be attributed to a small percentage of the listed companies). Without regard to whether rmbs is a good company or not, I think they'll be caught in this correction. So even if rmbs were to earn $1.00 this year, I expect significant reduction in valuation. That said, Hi $85.00 Low $15.00 Close $20.00