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

To: Gary Ku who wrote (5193)	6/28/1998 9:43:00 AM
From: sam	Read Replies (2) \| Respond to of 93625

Gary: Please take this post as one man's opinion. It is not meant in any disrespect. And it presents nothing new. That said, be careful shorting RMBS. Previously, Rambus had been moving on its potential: hence the large falls after the large runups. But, at some point it will move on MORE then just potential. And that move will come well before any major earnings are recorded. As soon as the street recognizes that RMBS will be a standard there will be no major sell off. Unfortunately for me, that time may already have come. :( From what I can gather, we will be entering a major computer upgrade cycle soon based on the newest NT series, geared for business and home use. Faster speed memory will be vital for the newest voice, data, video and telephony apps to work. The semis may be rounding the bottom, and if so, AND if RMBS is the memory standard (as it now appears to be), we could be in for some very, very large gains in the stock price -- gains which will translate into further R and D and the eventual consolidation in the very specialized intellectual property portion of the semi industry. I have a feeling you are short at a much lower level. Sometimes its best to cut your losses and move on. Personally, I have had to swallow my pride on more than one occasion when I timed market changes wrongly. There certainly are other stocks to short and there will be other times to short RMBS. This, however, may not be one of them. Just my opinion. Good luck.

To: Gary Ku who wrote (5193)	6/28/1998 3:42:00 PM
From: Gary Wisdom	Read Replies (1) \| Respond to of 93625

GaryK. re: <<get out as fast as possible. >> Ok, you've convinced me. I will sell at the open on Monday. What do you think I'll get? $62 or $64? <ggg>

To: Gary Ku who wrote (5193)	6/28/1998 5:39:00 PM
From: Rachel M. Kuecks	Respond to of 93625

Your posts show either complete ignorance or total misinformation. The float of 22.7 million is only reported by you (see articles referencing a float of around 3.2 million). Either you don't know the difference between shares outstanding and float or you have some secrete source of information. The IPO raised around $36 million (see 10K). The market cap has no relation to the money raised by selling shares. If this is news to you, then some serious education on your part is in order.

To: Gary Ku who wrote (5193)	6/29/1998 7:56:00 AM
From: Shibumi	Read Replies (2) \| Respond to of 93625

>>The bulls in this thread can not tolerate different opinion, they call different as bashing.<< Again, misinformation. I announced on this thread when I went long. Several weeks ago, I began working through quantitative information on this thread that showed the impact on Rambus of the latest SIA DRAM market forecast numbers (the SIA report released in early June). I did this based on some qualitative information posted by "Thomas Friend". I concluded that the DRAM market was drastically lower than the H&Q IPO numbers had forecast, and that for Rambus to see the degree of upside many were forecasting, that they'd have to break into the general semiconductor market. I never once got anything but a rational response from people. And while I'm disappointed that I couldn't get additional information about what folks saw as potential uses of RDRAM in other parts of the semiconductor market (particularly embedded processors), it was interesting to see quantitative forecasts based on overall semiconductor market penetration -- I'm still trying to justify to myself Rambus penetration of the overall market. The reason that you and a few others are getting treated with very little tolerance is that you are jumping into this thread, demonstrating very little knowledge of the company or the market, making statements that are demonstrably false (e.g., the price was in the $20's a few weeks ago, no one at Rambus can design a simple memory subsystem for a computer, etc.), or making insanely inane comments like "...great technical response -- Rambus still sticks..." (note: I know that most of these aren't your statements -- I'm just responding to your "lack of tolerance" statement. Gary, I appreciate the fact that you believe Rambus is overpriced. Just to let you know that there can be other opinions -- I announced my initial buy on this thread several months ago at roughly $42 and stated that I believed that the stock would undergo unpredictable and very rapid price increases based on news stories in the next few months as more people picked up on the story. Now...certainly Rambus might go down...I actually decided not to double my position two weeks ago because of the continuing downturn in the DRAM market...but there is a compelling future story for the company. Is there risk? If there weren't, we wouldn't be having discussions. To summarize: I've found that people on this thread do a great job of tolerating other opinions, they just do a poor job of tolerating ignorance, malice, and/or stupidity.