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

To: Mkilloran who wrote (10672)	11/30/1998 4:16:00 PM
From: MulhollandDrive	Read Replies (2) \| Respond to of 93625

>>Moving target<< Exactly my point, we've been having some fun speculating about potential earnings, but at the present time, we don't even have a firm grasp on the variables, so calculating "reasonable" PE's for a stock like RMBS is just a waste of time. The price of RMBS stock is responding to market supply/demand dynamic, it's a simple as that. There is no question that DDR DRAM will have "a" market, but the licensing agreements that RMBS has obtained thus far will make RDRAM "the" market. Stock price will reflect that. bp

To: Mkilloran who wrote (10672)	11/30/1998 4:36:00 PM
From: MileHigh	Read Replies (1) \| Respond to of 93625

Mk, Here is some bear food for ya! Re today's close, the candlesticks clearly show what they call a Dark-cloud Cover. This is bearish. The stock gapped open to FRI highs, it then trended down and closed on its lows of the day- that is, the bulls tried to move it higher this AM and the bears took over and finished the day off. The chart pattern almost typifies a Bearish Engulfing Pattern which is also bearish, but does not qualify as it did not "engulf" the prior trading days full white body, but it is pretty darn close to that...... FWIW, Gary correctly and astutely called the same pattern 7 trading days ago and the market rallied 20+ points, so is it real or is it memorex?! We'll see! MileHigh