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


To: Craig Rogers who wrote (2519)11/28/1997 10:32:00 AM
From: Craig Rogers  Read Replies (3) | Respond to of 93625
 
So many are shorting this stock that when it turns around it's going up big time again.

So why wait?
It will close up today.

Craig



To: Craig Rogers who wrote (2519)11/28/1997 12:26:00 PM
From: LoLoLoLita  Respond to of 93625
 
> Zacks rates RMBS a strong buy evan with it's high P/E.

Hi Craig,

Zacks is primarily a trend-following ("momentum") indicator.

RMBS has shown a great deal of upward momentum since the IPO,
and so of course it rates very high with Zacks!

However, I'm primarily a contrarian "value" investor/trader so I usually place trades opposite to the Zacks rating.

Do you (or others) have any data showing that the
*risk-adjusted* return from following Zacks indicators as
buy/sell signals on a semiconductor/technology folio beats
the S&P 500? By risk-adjusted, I refer to Sharpe ratio, etc.

I doubt it exists, but please share the info if you have it
so I may be better educated in future.

Regards, David