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: Jdaasoc who wrote (38206)	3/15/2000 6:49:00 PM
From: pompsander	Read Replies (1) \| Respond to of 93625

Left today with Rambus having been below 400 and then bounced back to 420.....I saw the final Naz number on TV many hours later and assumed Rambus would be somewhere around 380-390 on the close. No so. Very interesting strength...and now I see that young Stockanalysis has cashed in. Frankly, I enjoyed him up to a point....he did not have any recent arguments...everything was three months old, and the world has turned around since then. The Rambus vs. DDR argument remains alive and I think we are all doing ourselves a disservice if we don't keep exploring the possibilities of DDR becoming a meaningful desktop technology. I defer to John, Dave, Tench and the tech pros to help keep the argument in perspective..but let's not get complacent. JMHO. Pomp

To: Jdaasoc who wrote (38206)	3/15/2000 6:49:00 PM
From: jetcityrandy	Respond to of 93625

That may be generally true. However, it seems that RMB$ used to have a habit, after hitting a new high, of retrenching a bit, say about 30%. If we use intraday 471 as the high, and today's close of 422, that is only a 10.4% reduction. 145 points would be about a 30% drop from 471 (=326) , which comes pretty close to Zeev's 330. Heck, that just might be an excellent buy-in target. The trouble with those immediate drops, is they may only last a few minutes. No guarantee you (at least me) will get it even with a limit order. good luck to all

To: Jdaasoc who wrote (38206)	3/15/2000 6:55:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 93625

John, to paraphrase a Texan " I knew INTC and CSCO, and RMBS is no INTC" (VBG). Ask yourself a very simple question, in the next 10 years, can you see RMBS having a year in which it brings down to the bottom line $40? Typically, the reason for lofty current valuations is the faith that within a rational time horizon the current price of the shares will be 10 times that "visible" time horizon's earnings. Of course, as we grow, there will be times when multiples of 30 to 40 of two three years down the road will determine the price, but right now? I think we are fairly priced and being +/- 30% of fair price is just the "trading range". Zeev