Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: DX who wrote (2532)	11/29/1997 12:03:00 PM
From: Philip Tseng	Respond to of 93625

I got out at $62+ and am waiting for re-entry point. RMBS has good prospect but the stock is too pricy (sales vs mkt cap.). Therefore, it is a speculative play instead of a fundamental one. H&Q's comment was nothing new, neither new contract nor new product. People get burned trying to catch hypes. Wait till it cools down!

To: DX who wrote (2532)	11/29/1997 6:57:00 PM
From: LoLoLoLita	Read Replies (2) \| Respond to of 93625

> we should conclude that $10~$20 a share is somewhat > reasonable price for RMBS You're right! I was being too pessimistic in putting a fair value price of $8 on RMBS. $12 seems more reasonable, and isn't that the price that Morgan Stanley put on the IPO? There are very few times that I'll go on a trade opposite of Morgan Stanley or Goldman Sachs, but H&Q is a whole 'nother story. We all sometimes confuse left and right. Well, those guys seem to confuse BUY and SELL. No problem, we don't discriminate against those with disabilities! If anyone here was following CHPS a year ago, Rob Chaplinsky's negative comments about future bad earnings (flat-out wrong, it turned out) chopped off more than half of the share price. And CHPS was then in such a sad state (I'm being sarcastic), that INTC decided to do a tender offer for all the CHPS shares. BTW, if any potential shorts here are afraid of a takeover bid (from INTC maybe), check out the PR Newswire stories on how the CHPS tender offer is being held up, partly due to FTC concerns about it being anticompetitive. After those problems, I'm sure the INTC lawyers would say "no way." Who else could/would take over RMBS? forget the Japanese.