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

To: RetiredNow who wrote (3891)	4/22/1998 4:57:00 PM
From: BBrace	Read Replies (2) \| Respond to of 93625

The stock was recently at 39 and then sailed as the underwriters stepped in with the hype. I look for it to go to mid 30's or even below before it starts up. If you are buying the stock you would have little down side at any price under 40 but if you are buying options be careful. If you are just looking for a place to park your money for 12 to 18 months, go ahead and buy the stock. I personally need my money to work every day. So while I watch the daily movement with interest I know the fundamentals don't support a sustained upward move and won't for about a year. When that time comes you can expect to gain 40 to 50 points in the blink of an eye and then sustained but more slow growth from there. This one is a bowser for now, yawn, wake me up when its below 40.