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

To: Mohamed Saba who wrote (41352)	5/4/2000 10:01:00 PM
From: The Prophet	Read Replies (4) \| Respond to of 93625

RMBS has become a huge day-trading favorite because of its volatility. This can be confirmed by the fact that, despite huge movements throughout the day, the stock usually either trades flat or up marginally. Also, the fact that few shares exist outside the hands of non-institutional shareholders suggests that the same shares are being traded over and over every day. Finally, a few predictions (Zeev will like this): 1. On the 16th of May, shortly before the FOMC meets, the CPI will come in flat to in-line, thereby causing a massive sigh of relief in the market. This will be followed by a 1/4 point move by the FOMC. 2. The Dow and NSDQ will both soar by record amounts, as money managers put to work the funds sitting stagnant for two months. 3. The Bus will run up to 275-300 ahead of the split and then pull back just prior to the split as momentum players anticipate a post-split pullback which never materializes. 4. As more and more good news leaks out regarding pricing and availability of RDRAM, RMBS will run to 80-90 post split and post July earnings. 5. By October, RMBS will pass its all time high. 6. Timna and Willamette will be released ahead of schedule, and booming supplies of RDRAM will bring price points down just in time for the Windows 2000/Millenium upgrade cycle. 7. Profit taking will ensue, but RMBS' earnings will continue to accelerate, as they split their stock once again. 8. By this time next year, RMBS is trading at 650. Enjoy.