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


To: fut_trade who wrote (4443)6/3/1998 4:37:00 PM
From: MileHigh  Read Replies (1) | Respond to of 93625
 
Predictions anyone?

How low do you think RMBS will go before earnings?

Does anyone see a run up prior to earnings?

I am thinking this is earnings warning season and everyone is jittery as the market closes each day as it does not know who is going to warn after the bell. The rumor is that Intel is going to warn, so the steep drop in INTC today. Once we pass the warnings period, and RMBS does not comment, then we could see a nice move up in anticipation of earnings. But if Intel warns again, then the blood will be in the streets and if you have any cash, that would probably represent a buying opportunity, especially in the semi equip makers.

Thoughts anyone?

MileHigh