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


To: The Prophet who wrote (80905)2/4/2002 11:10:05 AM
From: Bilow  Read Replies (1) | Respond to of 93625
 
Hi The Prophet; Re: "You'll be eating this post, just like the others."

You dare suggest that after years of your being completely wrong about Rambus you're suddenly going to be right? Wouldn't that be a switch. I suppose you think that Merrill Lynch is going to be eating their statements as well:

Merril Lynch: "Rambus is dead. It's gone." #reply-16773026

Re: "Hey, Crybaby ..." Come on now, admit it! You got slaughtered in RMBS, and now you're no longer as sure of yourself. Maybe you're not the genius that you used to think you were. After the licking you've taken, you'd be a fool to not admit to some doubts, maybe some tears.

By the way, you still haven't commented on your SNDK fiasco, which was the big investment gamble you took just before you got slaughtered in RMBS. Here you are back in May 2000 predicting that SNDK would have earnings of $9.40 per share in 2003:

The Prophet, SNDK thread, May 19, 2000
[In response to Zeev's statement "Prophet, I simply do not see a model that yields $10/share for SNDK by 2003."]
How about:
July 2000 - July 2001:  .25,  .31,  .40,  .50 = $1.46
July 2001 - July 2002: .62, .77, .95, 1.20 = $3.57
July 2002 - July 2003: 1.50, 1.90, 2.50, 3.50 = $9.40

And this is, in my view, based on a very conservative growth rate of roughly 25% q to q (and a little fancy footwork attributable, of course, to the Heisenberg Uncertainty Principle, a sister principle to the Hed Turnip Principle).
#reply-13743668

The unfortunate reality is that SNDK's trailing twelve month earnings are somewhat below your forecast. In fact, Yahoo shows them as a $4.39 loss.

So have you given up on SNDK, or are you still holding?

-- Carl