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

To: Zeev Hed who wrote (63815)	1/6/2001 1:56:31 PM
From: Dan3	Read Replies (1) \| Respond to of 93625

Re: As for the Bu$$, IMTO, it is now rapidly becoming a "value stock". Value stocks have after tax P/Es of 6 or 7. And they usually have substantial assets. Do you expect $1.1 Billion earnings before taxes from Rambus next year? Total revenue was $25 million in the last quarter reported. When will we see the results of license agreements on SDRAM and DDR? How long has it been since they signed 10% of the industry? Don't revenues show up in the following quarter? Rambus could be shown to be prior art in one court case (however unlikely that may be) and become essentially worthless overnight. Now that they've signed Samsung for SDRAM/DDR, they are an interesting investment (depending on the details of that agreement). And if they sign Micron and Infineon, they'll become downright fascinating. - but I'm not sure I'd classify them as a "value" company just yet. They couldn't run away from the ITC case they started fast enough - something weird about that. There could be some holes in their story that aren't known, yet. And the way they reported net earnings of 49 cents per share on gross sales of 26 cents per share was particularly cute. No mucking about with the books at Rambus, by golly! :-) Regards, Dan PS - don't get me wrong, ever since they convinced Samsung to sign, I've had a whole new (more favorable) opinion of Rambus as an investment, I just don't see them as a value stock like GM that sells for $54 with $9.36 EPS and has many billions in hard core assets.

To: Zeev Hed who wrote (63815)	1/6/2001 8:59:04 PM
From: captain_midnite	Read Replies (2) \| Respond to of 93625

Zeev, re "Short term, I would not be surprised (I am kind of counting on it) to see a surge to the $45, maybe even $50 area, after that, the deluge..." Are you looking for much below the old, seemingly ancient, break-out point of 29 1/4 (117)? Given the savage nature of these past months/weeks I have my eye on the levels of Feb '00...just a bit lower, 22-27. “Après nous le déluge” midnite