SI
SI
discoversearch

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 : Stock Swap -- Ignore unavailable to you. Want to Upgrade?


To: Andrew Vance who wrote (14052)5/23/1998 5:40:00 AM
From: Patrick Slevin  Respond to of 17305
 
Unfortunately I disagree near term about the price of RMBS, but perhaps only because the stock was brought to my attention by someone who is short from around 80 or 85.

I still have a bias against any stock because of my moderately bearish stance of near-term broad market prospects. I'm holding out for RMBS in the mid 30s. If I miss and it does start to rise I think I will be able to react in time to grasp the bulk of the move. From what I read about the tech sector, RMBS could be chugging along well ahead of your 18 month target....but you know the industry better than I.

Either way, 8 months or 18. I imagine you are referring to the INTC chipset due out when you speak of the market's ability to utilize the Rambus product. Because I think INTC is supposed to be in mass production in a few months, it seems that RMBS should start to rise in market value at an accelerating rate by Summer's end.

But again, anything I know is just picked up from snatches of stuff here and there.