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


To: jopawa who wrote (6208)8/13/1998 12:30:00 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 93625
 
Jopowa,

I think that this market will continue to be a "stock pickers" game, therefore I think RMBS can be viewed quite favorably in that light. Witness recent RMBS performance during the market downdrafts. As far as the chart goes, check out the simple moving averages and notice the trend reversal (on a dime) with the Dell/Cpq release. RMBS has been swimming against the tide of the overall market quite nicely, imho.

No doubt sideliners will be waiting to see how the royalties translate to the bottom line, but my guess is that RMBS will be trading well into the 70's by that time. We shall see. Good investing.

bp