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


To: Dave B who wrote (40110)4/17/2000 1:33:00 PM
From: ekid  Read Replies (3) | Respond to of 93625
 
<<As for Edelstone, he's always been a strong bull, and I think he just waited to see where the top was and let it retrench a little before moving the bar up.>>

I think edelstone was conservative in his previous targets.
He did not hesitate to downgrade the stock first time we crossed 100 because that was too fast for him.
He also decreased his target from 150 to 110 after the camino delay.
What puzles me here, is that given his new target of 500, and the current price of 150, why dont he upgrade rmbs to a strong buy ??? I am afraid he is going to lower his target again, and that would be a big blow for the stock price (and for me :) ), it will take us below 100.

As for the split, can they still cancel or change it ???
I remember that in the conferance call, they confirmed the june 15 date, one of the analyst seemed exited about that.



To: Dave B who wrote (40110)4/17/2000 2:40:00 PM
From: Jim McMannis  Read Replies (2) | Respond to of 93625
 
Aren't you just a little bit worried that if RAMBUS goes under say 120, splits 4:1 then ends up in the 20s where it's not a far cry from looking like a penny stock?

Jim