Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (8994)	10/29/1998 10:51:00 AM
From: TigerPaw	Read Replies (2) \| Respond to of 93625

It is beginning to look to my like support for this stock has moved up from $60 to $65. Volumes have been pretty low so it wouldn't take much to go through that support but if it stays for a while it will firm up. TP

To: jopawa who wrote (8994)	10/29/1998 10:53:00 AM
From: MulhollandDrive	Respond to of 93625

Yeah, that's what I think too, but I was just wondering if the earnings estimates were formulated on lower RDRAM prices and less demand. Just trying to get a handle on any possible earnings revisions.....bp

To: jopawa who wrote (8994)	10/29/1998 6:21:00 PM
From: MileHigh	Respond to of 93625

John and bp, This is the reason why Eglestone has reduced his '99 EPS estimate, because he sees a more "realistic" revenue ramp... Also, if you use schwab, they have introduced a new service where they post analysts reports by H&Q and CSB- there are 4 reports on RMBS and are very enlightening. They discuss the issues you have been discussing- shortage initially due to CSP shortage, and lack of aggressive cap ex spending by DRAM manu's toward RDRAM infrastructure, which explains INTC' investment in MU. Also, you must read CSB's report around 9/25- it nails on the head exactly the INTC/MU investment prior to it happening- quite amazing! MileHigh