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


To: KM who wrote (2335)11/20/1997 1:51:00 PM
From: MulhollandDrive  Respond to of 93625
 
Ibexx!? Wrath? No way, Ibexx is one of the most sedate posters on SI....I have a feeling that just a raised eyebrow from Ibexx would speak volumes. <g>



To: KM who wrote (2335)11/20/1997 1:51:00 PM
From: Michael Wilson  Read Replies (1) | Respond to of 93625
 
The 180 day lockout period for Rambus has just ended. Then one of the Rambus IPO underwriters, H&Q, changes their "price target" from $50 to $100 without any change in fundamentals or EPS. Hmmmm.

Morgan Stanley took my company public a year and a half ago. Just after our 180 day lockout, they set a 1-year price target of $80. Today we are at about $19...



To: KM who wrote (2335)11/20/1997 5:45:00 PM
From: Boplicity  Respond to of 93625
 
That you did. AND I bought them back from someone else a little lower and a little higher. Silly me was waiting to get them in the 30s. There is a lot to be said for buying and holding.

Greg