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

To: MileHigh who wrote (3511)	4/2/1998 8:56:00 PM
From: REH	Read Replies (2) \| Respond to of 93625

To answer your questions: 1. You said you only wanted 3-4 points out of the stock - the only variable for this to happen is time. If you ask me you will have 4 points no later than the 15th (the day after earnings). Should you sell then? I think not if you can afford to wait. Rmbs is a long stock, it can be all over the board short term (especially due to daily speculants) but is poised for tremendous sternght over the longer term (2-4 years). My crazy objective: To sell at $ 400.00 or in 2001 whichever comes first. See earlier mails I've posted and you will find my basis for believing why it will reach $ 400.00 within the next 2-3 years. 2. Rmbs has a tendency to move with MU and the rest of the semi's - today was such a day combined with some profit-taking I believe. I think tomorrow will be up but then it will be voiatile until we see earnings. I am very convinced earnings will be 8-9 cents as opposed to consensus which is 6 cents. That was my 2 cents reh