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

To: MileHigh who wrote (10409)	11/26/1998 9:00:00 AM
From: unclewest	Read Replies (1) \| Respond to of 93625

milehigh everyone else is predicting higher prices. we'll just have to wait and see. both sides have presented fair arguments. thankfully rambus gets a % of the sale price not a % of the profit. like a realtor, they get their's off the top, when the sale is made. i expect this business model to provide a much more stable income stream for rambus. unclewest

To: MileHigh who wrote (10409)	11/26/1998 10:58:00 AM
From: unclewest	Read Replies (2) \| Respond to of 93625

milehigh i was just thinking. increased dram production actually helps us, even with lower prices. the previous forecasts for rdram 1999 production was 33,000,000 units. demand for rmbs is predicted at 175,000,000 units. (prices can go back down about 10% max.) if the dram mfr's fill that void between 33 million and 175 million in 99 instead of 2000 it just accelerates rmbs earnings growth by one year. let's just say a dram costs a dollar and use the cowen's figure of 1.7% average rmbs royalty. 33 dram's at $1 X 1.7% = $56.10 175 dram's at $.90 X 1.7% = $267.75 the rmbs business model of royalties on sales price rather than profit margin is phenomenal, brilliant.

To: MileHigh who wrote (10409)	11/26/1998 11:59:00 AM
From: Gary Wisdom	Read Replies (4) \| Respond to of 93625

REH, Milehigh, Bp and other long term Rambus holders (more than one month that is) Disclaimer: currently, I am slightly short Rambus. I only have a bull spread with calls and a few more puts (all December). So, I would like to see the stock at $75 exactly on December 18. In my experience, when a thread starts attracting a lot of attention with people thinking that the stock will never go down, that is when it is time to bail (at least for a short time). These threads are the ultimate contrary indicators. Every single time I see optimism completely take over a thread, undoubtedly the stock goes down. I am an unmitigated Rambus bull, but I can't help but notice that we've had a great run here in November, as we seem to do every November. I'm not saying Rambus can't go higher. With time, I think it will. However, we all know from experience what this stock can do in the short term. It is up $20 this month and could easily retrace all of that in just a few days. December is historically a good month for the market, but it wasn't last year for techs. So, I'm pretty neutral right now and of course a little miffed I left some on the table (sold most in the high 70s). However, I can sleep just fine at night. I just hope you long termers are being careful. Happy Thanksgiving.