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


To: Rich1 who wrote (67873)3/15/2001 8:56:42 PM
From: jmac  Read Replies (1) | Respond to of 93625
 
i watch cnbc all day while i work out of my house. I didn't hear anything about anyone upgrading or defending RMBS today. where can I find verification of your statement? I know edelstone loves RMBS but I don't think he said anything today.



To: Rich1 who wrote (67873)3/15/2001 9:12:24 PM
From: Dan3  Read Replies (1) | Respond to of 93625
 
Re: Edelstone reiterated buy at MSDW

I hope you didn't miss the last "buying opportunity" Edelstone revealed - you could have had Rambus shares for only $113.75 (and don't worry, that's a post split price) last June when Edelstone was pounding the table saying buy, buy, buy.

Look at the quote at the bottom of the page and see how much money you'd have made if you'd followed Edelstone's advice!

June 23, 2000, 11:20 a.m. PT
Morgan Stanley Dean Witter analyst Mark Edelstone, a longtime Rambus proponent, said that by 2003, Rambus could be collecting 1 to 2 percent on nearly all memory chips...

Shares of Rambus have surged since the Toshiba deal. Rambus stock was trading at $113.75 at midday today...

"The story has changed," Edelstone said. "Whereas there has always been a good degree of risk associated with the transition to Rambus-based memory, that's now a moot point. It's hard for me to believe anyone in their right mind would be short on the stock." - at $113.75!

Edelstone never misses, does he?
news.cnet.com