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

To: Bilow who wrote (76371)	7/30/2001 7:46:52 PM
From: cordob	Read Replies (1) \| Respond to of 93625

Heck, Rambus' CFO said they were going to have 3 quarters of just scraping by, and he didn't say it was going to get better after that. Most recent quarter's earnings was $0.04, that's only 16 cents per year, and 30 x that is below the current price They are not going to just scrape by, barring a miracle in the courts they are going to make a loss this current quarter and possibly the next quarter as well. So the fwd p/e is about 100+ (in round numbers) Cheers Cor

To: Bilow who wrote (76371)	7/30/2001 8:37:31 PM
From: Jon Khymn	Read Replies (4) \| Respond to of 93625

Hey Carl, as you can see, I don't know a darn thing about RMBS, just looking for some technical bounce back in 7s. If 7 break then it will likely go down to low 5s. I'm hoping 7 to be rock bottom in mid term... I do have long term holding in retirement accounts but basically I'm only a short term trader (less than 3 months holding). Don't you think the long term investors usually look beyond 3 quarters of earnings though? Like few years in the future? Besides, I don't think no one really cares about P/E anymore <GG> What do you think the chance of RMBS go bankrupt in next 3 years? (10%? 50%?,,,,) As I read more of your posts, I am getting gloomier and feel this might be another GSTRF: great idea, great technology, but not able to execute economically to attract the customers. (If you keep at it, you'll might be able to convert me from long to shortie ;o) I am betting that RMBS will not sink like this. Let's hope those vicious RMBS attornies will come up with something soon. Rgds, Web