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


To: Michel Bera who wrote (3483)4/1/1998 3:41:00 PM
From: MulhollandDrive  Read Replies (3) | Respond to of 93625
 
Michel,
I'm very skeptical of stock movements on nothing more than analyst recommendation. You may get the mother of all buy signals on the 14th, though. I think the upgrades have built in a bit of earnings expectation surprise, so if RMBS comes in at their number you could see some price erosion. If they beat the estimate, it may be viewed as a confirmation of the recent upgrades and could send it soaring again. I usually like to wait for a stock to "settle" a bit after news before trying to make a technical assessment. Have any new wine recommendations? bp