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


To: REH who wrote (13222)1/14/1999 1:30:00 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 93625
 
Reh,

Ok, fair enough, price target is met. My point is what will it take to have him revise his price target?

>>- We have maintained our earnings estimates, as well as our
five-year compound annual growth rate of 75%. We expect to
release our initial earnings estimate for fiscal 2000 after
Rambus reports its December-quarter results, and due to easy
comparisons and the initial ramp of Direct DRAM's in PC's, we
expect earnings growth in fiscal 2000 to increase by around
150% over fiscal 1999
<<

Wasn't the 150% earning growth factored into his original price target?

bp