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

To: Jack Mills who wrote (5175)	6/27/1998 10:42:00 AM
From: Gary Ku	Read Replies (2) \| Respond to of 93625

Is the fact that RMBS never got to 9 dollars before is a guarantee that it will never get to 9? Just check out ITSW to see where it is at! It was in 20's just a week ago, now, it is at its book value around 6. Don't fall in love with any one stock. If you do, you'll get burned easily. The other similar company mentioned Memory Expert is MOSAID, symbol is MSD, traded in Toronto Stock exchange. This company is working on similar products which are faster, cheaper and occupy smaller space. It is a severe,direct competition to RMBS. The simple reason that Intel owning a few % of RMBS is no guarantee that RMBS will prosper as Intel owning a few % of a thousand of small companies. Asia crisis is worsening, the impact on our economy is stronger daily. Chip industry is facing tougher challenge than ever before. Can a small company with assets only 100 million face this new challenge? Don't put too much money in this untested company!