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

To: Craig Rogers who wrote (2520)	11/28/1997 10:56:00 AM
From: TEColeman	Read Replies (1) \| Respond to of 93625

Most likely will close down..but not very telling either way given the short trading day and light volume. Don't know what to say about Zaks other than they made their buy recommendations back at $40. Doubt if they would continue those recommendations now. TEC

To: Craig Rogers who wrote (2520)	11/28/1997 1:10:00 PM
From: LoLoLoLita	Read Replies (1) \| Respond to of 93625

Well, with a delayed quote just now, it looks like it's closing up today, for the first time this week. But the volume is low. I think that this stock is kind of like PressTek(?). Does anyone remember that one? It just makes no sense to buy an IPO for a single-product company with a PE of 600 and no earnings/management history to go by. I suspect that INTC has the right to cancel that RDRAM contract before 1999 if they choose to do so, and maybe have to pay RMBS only a small penalty. (Does anyone have info on this?). There are plenty of tech stocks out there with a solid history of 30%/yr earnings growth, leading and solid market position, and solid and honest good management. And lots of these are trading at 30% or more off their highs from last summer. IMHO H&Q should be shut down by the SEC for what looks like (to me!) a steady pattern of blatant stock manipulation. Why bet on the newest hot pony to hit the track? There are plenty of proven winners. e.g., COMS was at 29 a few weeks ago, and is up 24% from that today.