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


To: MulhollandDrive who wrote (2250)11/12/1997 4:19:00 PM
From: Michel Bera  Read Replies (1) | Respond to of 93625
 
Betty,

I think that we are now in a big bear market, kind of Mexico crisis one. I try not to break my strategy on RMBS, which is holding for one year unless something basic changes in the industry.

50 to 75% down from their "after IPO" peak was common fate for many high tech big stocks in their early story. RMBS is supposed to go ten times in revenues in one year (from last August), but all anticipation is turned down by bear fear now.

I am learning a lot. OT : Thanks for all the wine suggestions : I'll check on something to do <g>.

Regards,

MiB