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

To: McNabb Brothers who wrote (38455)	3/20/2000 5:36:00 PM
From: pompsander	Read Replies (2) \| Respond to of 93625

A question for the thread: When Rambus directors approved the recent stock split they went for a 4-1. Very bullish. BRCM only did a 2-1 when the stock was trading near 300 and had, if anything, a brighter short term outlook. Now, why did management feel the strength to go with the 4-1 and the increase in authorized shares? I don't think it was just the Playstation and Willamette news. You really can't get to the earnings necessary to support a reasonable price on 96 million shares from that ramp. So, is there, in fact more good news in the bag which management fully expects to pop out between now and June? If so, earnings season could be extra interesting. Believe me, I am not trying to hype anything. I don't know anything. I don't believe anything. I am just curious if others think there was legitimate method in their madness, or did they get caught up in the moment? (Prudent management should weight against the latter conclusion, as would their attorney's and investment bankers, I think).