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


To: MulhollandDrive who wrote (13221)1/14/1999 1:29:00 PM
From: MileHigh  Read Replies (2) | Respond to of 93625
 
Again, I am stumped! Even if it is valued as a software model, does that make the stock a bargain? Not IMHO!

MSFT trades @ 60-70 PE, I think? So RMBS is trading at 90X next years earnings ($98/$1.09)...Still not too cheap!

Just VERY surprised we are now figuring this out! But I do love a great discussion!

MileHigh

PS- That one thestreet.com article (Sliding into the Slow Lane) raised these exact points and EVERYONE discounted it.