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


To: mishedlo who wrote (41003)4/27/2000 1:25:00 AM
From: denni  Respond to of 93625
 
>>Still waiting for an explanation as to what 70-20-10 means!

To: Richard Habib who wrote (30676)
From: Don Green Saturday, September 25, 1999 8:20 PM ET
Reply # of 41004

Richard
As always my concerns about Rambus or any stock are based on my 70-20-10.. and right now the market's (70) prospects are not so great between here and year-end. I expect a pop as earnings roll out then a good slide. (20) the sector, WILL take a further hit from Taiwan's troubles which could hurt Xmas sales along with further Y2K slowdown, (10) The stock itself, Rambus will still be looked at as a 280 P/E stock whose earnings will likely be delayed and confusion in it's future outlook. Until they can start bringing in the big profits so often predicted, all you have is DOUBT!

Not saying Rambus is doomed, just saying the road is very rocky ahead..

regards

Don