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

To: Zeev Hed who wrote (77732)	8/19/2001 11:02:11 PM
From: NightOwl	Read Replies (1) \| Respond to of 93625

PS, You sound very much lke a "Rambusite" on that RMTR of yours, you were trying to peddle this one when it was $15, if memory serves, I did not think it wa worse a second look then, and from their current state of affair, that opinion has not changed. s there a point when you will decide to "throw in the towel"? I threw the towel on the bu$$, a number of time (and am currently flat, but probably not for long, DCB and things like that <g>), do you have a "max pain" point on this or like a valiant captain, you will go down with the ship? Thanks for the "PS" Zeev, For a minute there I thought I'd have to talk "Mathese" to give you any response at all. In that regard you did an admirable job for a "first look." You read all the numbers through June 30 OK. I give you high marks there. But suffice to say that what you are missing is that which you could easily pick up on the second or possibly third "looks." But then, the first "look" gave you all the ammo you thought you'd need and since ammo don't grow on trees why waste it. I certainly can understand that. But what I don't understand is where you get this assumption regarding the 3rd and 4th Q: mind you if at $2.5 MM in sales they need $10 MM in inventories, how much will they need to more than double that sales rate? Actually, I know where you got it. What I'm really curious about it is your apparent lack of curiosity over its accuracy going forward for the current and 4th Qs. But be that as it will, no I don't agree with the inferences you've drawn from the numbers you found. For 3rd Q RMTR's earnings I expect they'll have a shortfall (reduction in cash) less than $2.0 million - if any. But for the 4thQ I am currently in the dark. At this point I am assuming they will either have to sell stock [IFX is the only private party buyer I can see for that option and I'd say its unlikely] or sell enough of their IFX stock to cover cash flow needs to year end IFX. But then again, I expect the fundamentals to change - fundamentally - before year end. That's one of the benefits of having IP that someone besides INTC wants to buy. You just never know what deals may turn up or when. Again, developing a successful niche memory business is a "batch" as everyone here should certainly agree.<vbg> You are welcome to forecast future changes negatively. If I traded this market, I would do the same. But as you have noted, I am far more constant than the local variety of Mom & Pop. Go down with the ship? Hardly. In my neck of the woods I am the ship! <vbg> Hopefully you will allow me my investment preferences as they seem to have no real conflict with yours. I am happy to give you my views on RMTR or its technology - for what they are worth. But believe me when I say, it will not matter to me whether you or anyone else on these boards decides to buy, sell, or hold. Go short or long or ignore. My only point in broaching the topic with Dave B. was purely partisan Hyperbole. He gets a kick out of it that kind of thing; and generally the fact of the matter is - I just find it incredible that anyone, mathmagician, EE, Mom & Pop, or naval captain, would value RMBS higher than RMTR at their current levels. I tried my best to get someone out there who'd be willing to pay enough for part or all of RMBS IP to warrant some global settlement of the impending China Syndrome facing them. So far no one has come up with a name. I don't think RMTR would have a similar problem. But in the end 3rd Q earnings, or last chip standing, timing will tell all. 0\|0