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


To: Shumway who wrote (9405)11/10/1998 10:29:00 AM
From: MulhollandDrive  Respond to of 93625
 
Shumway,

No suggestions, but seems like we continually have "offsetting" news like the recent Barron "plug". It does seem that there are lots of analysts out there praising RMBS, but at the same time saying they're not buying because it's "expensive". Then there was also the mistake last year of the CEO commenting that RMBS was in "nosebleed" territory in an interview. We're nearing that level now, so you gotta wonder, is this guy gonna come out and try to talk the stock down?! Remember how it tanked after that faux pas? These things stick in the minds of analysts, imo.

bp



To: Shumway who wrote (9405)11/10/1998 11:26:00 AM
From: unclewest  Read Replies (1) | Respond to of 93625
 
on june 12, rmbs closed at 37. by november 12 we may have a double or very close to it. a double in 5 months works for me.
unclewest