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


To: D.J.Smyth who wrote (2515)11/27/1997 11:57:00 AM
From: TEColeman  Read Replies (1) | Respond to of 93625
 
Darrell, What are the estimates for the increased earnings that RMBS would enjoy if..if..Intel makes their announcement? I've bought and held stocks on anticipated great news and when the news didn't pan out the fundamentals took over. Hope you aren't too heavy into RMBS at that point.

In fact, I've bought into stocks who have made great deals and still lost out due to outside factors (like the Korean krisis).

For those who don't think there is a bear market just look at the Dow, S&P and Nasdaq indices. One stock does not a bear market make. The high flying favorites will be the last to go. Especially look at the semiconductor index ^SOXX..techs are in a definite bear market, down over 30% over two months.

Since the economy is still fairly strong, I don't think we will see the full effects for another year. Things may trade sideways for that long. There will still be success stories during that time, but they will be few and far between.

Good luck!

TEC