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


To: Getcher who wrote (3363)3/27/1998 1:46:00 PM
From: dougjn  Read Replies (2) | Respond to of 93625
 
I am virtually certain that Rmbs will be at least 50% higher, and possibly as much as 100% plus higher, within a year from now.

I consider those returns and that certainty rare, and very attractive.

I have no certainty whatsoever as to where Rmbs will trade within the next month. (Part of why I never play short dated options, and basically don't play options at all.)

But I certainly don't think at these prices, at this time, Rmbs is way overvalued. I certainly don't think we can count on its going lower -- as I was certain I could count on when Rmbs ran up to the low 80s last summer, within a few months of going public in the high teens.

Since the IPO, all news and developments have been positive, and almost a year has passed...

Doug