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


To: MASTEQ who wrote (2575)12/5/1997 4:36:00 PM
From: MulhollandDrive  Read Replies (2) | Respond to of 93625
 
Mike, you misunderstood me, if you think the stock is overvalued shorting is of course an option...you're going to have an extremely tough time getting accurate earnings projections for a IPO like Rambus, which is really to the point I was making, I bot it based on fundamental reasoning and I'm willing to give it time to let a few quarters unfold before making any earnings "estimates". As far as shorting goes, I'd rather find companies with little growth potential or those which have demonstrated lack of management as short candidates. I have also posted from day one that I considered the RMBS a speculative investment and therefore would not buy any shares on margin. Good luck, bp