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


To: Rich1 who wrote (72811)5/14/2001 10:38:06 AM
From: im a survivor  Read Replies (2) | Respond to of 93625
 
<<RMBS is worth over $30 a share without SDRAM and DDRAM if you read thread and really understand their tech you will know why..If you dont agree just short it..<gg> >>

Sorry, but thats a total crapout....rmbs is worth $11 and change, last I looked. Period. End of story. Tha value is what you can buy or sell the stock for today. Right now. You say it's worth $30 a share....OK...I'll but some right now....will you pay me $30.00 a share? No, I didn;t think so....you'll pay the $11 and change it is worth right now.

You saying it is worth XXX based on XXX is no different then somebody else saying it worth xxx because of xxx.......you think it is worth $30 based on sdram and ddram, while many others think it is worth less then $5 if even that much because of the obvious lawsuits and FUD that will abound with this company for quite a while, IMO. There could be shareholder lawsuits, licensee's refusing to pay, and others suing to get royalties back. There could be investigations in to the company and it's business practices as well as it's primary officers.....They could also win an appeal and shoot straight to $50 or $60 a share......there are alot of what if's, but your statement that it is worth $30, based on bla, bla, is no different then the opinion of somebody else that thinks it's worth $5 because of bla, bla, bla........

Bottom line is the worth of the company is what you it is selling for now, today........and if you play the what if game, the what if's dont look to great for rmbs right now. Sure they could win and take off like a rocket, they could also be mired in court for the next 2 or 3 years with large mounting legal bills and possible losses of revenues and other very bad things.....so, it could go either way.....right now, in the early stages of the battle, things are not looking good for rmbs. They could change for the better at anytime, but right now, they are losing the first strategic battles, and there could be many, many more.

Your claim they are worth x amount regardless of sdram and ddram is ridiculous because frankly, you have no idea what will happen with future royalties, legal fee's and a list very long of other factors that will effect their earnings. There is no way to determine the true value of this company because of too many unnown factors.....with that in mind, I say the company is worth $11 and change...todays current price and tomorrow it will be worth whatever it is tomorrow......other then that, trying to put a value on this stock at this time simply cannot be done. I dont care about sddram and ddram....there are so many other things that could happen to limit their reveue, increase their expenses, it is staggering to even think about, so trying to place a value on it now is just ridiculous. With that said, I think RMBS has a long tough rode ahead of it, and I wouldn't touch the FUD cloud with a ten foot pole right now, however, if you feel like gambling, and dont mind the possible losses, rmbs could be a good play.....if they win an appeal or something positive goes their way, it could be a catalyst to propel the stock much higher....but these are If's and only If's.

JMO

Keith