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

To: MASTEQ who wrote (2656)	12/13/1997 3:59:00 AM
From: Michel Bera	Read Replies (1) \| Respond to of 93625

Masteq, If South-Korea goes belly up, with hundred of $billions in smoke, and Japan starts bursting for real its amazing real-estate speculation bubble, poor little Rambus fundamentals get drowned in a sea of total fear : look at big sharks like INTC or IBM or CSCO.., look at their current volatility ! Mexico crisis brought a huge bear market for two years... This Far-East one could be worse, for Mexico, contrary to Japan, was not lending money to the United-States.. In a strange way, Europe, that was lagging so much, is not as exposed to this "Three Mile Island" new financial "China Syndrome". Except companies like LVMH, with all its luxury products (Dior, Cognac, etc. ), of course. Remember also that current US savings for retirement are incredibly low, so that we may see not so far away new "Grapes of Wrath" stories when old american people with low or no savings and a long, long expected retirement life ask for food and shelter (Lester Thurow's book, The Future of Capitalism). IMO, RMBS only play is investing play, unless something changes in RAM future market fundamentals, as Ibexx stated it a long time ago on this thread. And I do not think that Intel design teams can change in three month's time their strategic choices for 1998-99 PCs, with all the suppliers, add-ons, etc. working already on their architecture. Just some thoughts for food. Regards, This scary minute was brought to this thread by MiB.

To: MASTEQ who wrote (2656)	12/14/1997 9:47:00 PM
From: fred woodall	Read Replies (1) \| Respond to of 93625

Masteq I appreciate your assessment an expertise. Those shorting Rambus I'm sure are considering those same facts. You're probably right about RMBS continuing a constant decline in price(fundamentals/news release) however I do notice that those posting their observations & projections on SI are wrong far more times than right. Late Fri. afternoon RMBS managed to gain (.750) during a terrible tech.(NASDAQ) sell off. Progress of decline hourly reduced 60% over a 4-day stretch. Last 16 hours (Thurs./Fri.) of trading leaves a price range of 45.5 to 48.750. During last hours of trading Fri., several high quality tech. stocks dropped 3-7 points. With all the criticism & speculating about Rambus one would certainly guess the stock would be the first to drop significantly 5,8,10 points. It did not. As far as my indicator question (last post) I was looking far another technical charting observation. Next weeks market will be difficult to judge but I see a bottom trying to establish itself on RMBS (MACD 60M) with a slight drop still in the works after the run up Monday morning. But due to the present market conditions (oveseas,earnings) no telling what will happen next week.