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


To: unclewest who wrote (10545)11/28/1998 5:10:00 PM
From: MileHigh  Read Replies (3) | Respond to of 93625
 
uncle,

I am not surprised at getting to $94, I am though at how fast.

I have been a big bull on RMBS, but there were times before you arrived when "I" was the one questioning the very bullish outlooks for RMBS. I was not a bear, just cautious. I changed my tune when INTC put $500M into MU- I called it a watershed moment, and I still stand by that statement. I also called the Fidelity news watershed (as did others- I am not trying to sound like a know it all)

Also, uncle, quite frankly, you caught RMBS just right. You should be very happy about that. But there are many posters that have ridden RMBS a long time (some since the beginning) and we are a "shell shocked" group I believe. We have seen RMBS skyrocket many times only to fall back to earthly levels. That is why some are very skeptical about the recent price action.

I am inclined to believe that perhaps the paradigm has changed somewhat (not to say we will not suffer some sort of correction),
maybe we are going to level off at these levels until something knocks us off course.

MileHigh