SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: jopawa who wrote (7589)9/29/1998 10:18:00 PM
From: MileHigh  Read Replies (1) | Respond to of 93625
 
John,

You may be right on the window dressing. I may sound negative but my earlier post on Eglestones Revenue projections stimulated no comments. Why downward revision of EPS estimates and then the following Fiscal Year revenue projections:

FY '97 = $26M (actual)
FY '98 = $38M (close to actual)
FY '99 = $42M (new estimate) Fiscal year ends Sept.

I simply do not think some investors will wait until 10/99 for the revenue and earnings ramp. That's a long way off!

MileHigh



To: jopawa who wrote (7589)9/29/1998 10:19:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 93625
 
Re: <<my "conspiracy" ears perk up when the stock does a late run on relatively low volume.>>

Excuse me? 200K shares in 15 minutes is low volume?

Obviously you don't recollect those days in May when less than 200K shares traded every day for many days that month.

Remember, there are not that many shares of Rambus available.

200K shares in 15 minutes is huge. 1.3MM for the day is huge.