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: LoLoLoLita who wrote (2766)	1/15/1998 1:52:00 PM
From: TEColeman	Read Replies (1) \| Respond to of 93625

David, P/E = 600 (about 20 times normal high tech P/E, or 10 times for company expanding at 70% a year as they claim.) Price-to-sales = 46 (about 20 times higher than I would be willing to buy) Price-to-book = 45 (again about 20 times higher than I like) Is the price about 20 times what it should be? Doubt it, given their prospects, but I wouldn't doubt a retracement to the IPO price. 30 is as good a place to exit as any. Note that the resistance line is at about 49 now. If it breaks below that it will go lower before it goes up again. TEC