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


To: Gary Wisdom who wrote (4279)5/22/1998 5:33:00 PM
From: Jeff Jordan  Respond to of 93625
 
I used to be encouraged by the lack of volume. Now, it is the bane of Rambus'
existence. Wonder what price will get people interested again


It's the lack of earnings/pe ratio....market climate. Like you, many people are very interested in the stock. The fact remains, the big ramp up won't begin in earnest until next year. So until then we will experience reality punching into the P/E.

Many of us here have experienced what volume means in relation to RMBS. I am keeping 80% of my powder dry. Unfortunately, I left a portion in SMOD overnight so it is now 40%less.<g>

I'm not interested in holding anything for the next 30days...but I have my targets.

Jeff