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

To: REH who wrote (13312)	1/14/1999 4:53:00 PM
From: Dave B	Respond to of 93625

By "late trade", are you saying that it actually occurred before the close today? Or did someone actually buy 20,000 shares after the announcement at $97. Dave B

To: REH who wrote (13312)	1/14/1999 4:54:00 PM
From: Rich1	Respond to of 93625

In your post number 115 in the Rambus News thread you quoted an article Rambus earnings look good now better later. Is that before or after you sold at $94. Soundsw like you are talking out of both sides of your mouth. Please don't bother to edit the message as I have the original in my files.

To: REH who wrote (13312)	1/14/1999 5:07:00 PM
From: Bernard Super	Read Replies (2) \| Respond to of 93625

I've just finished wading through this afternoon's posts - and not one single person mentioned the fact - stated in RMBS' annual report - and clearly known to, and taken into account by Edelstone, that RMBS only gets paid royalties in the quarter following the quarter in which the chip maker ships. This is why the full impact of jul-sep quarter intro of Camino will only impact RMBS earnings in the oct-dec quarter. The fact is earnings were exactly on estimates, and will continue that way for the next three quarterly earnings reports, as already predicted not only by Edelstone but essentially by all the analysts following the stock. I don't believe we'll see a serious decline in the stock price (perhaps a very temporary dip) because most of the active float is held by institutions such as Fidelity that are simply not going to dump RMBS (if anything, they will be scooping up shares on any dips). They could not have been surprised by the earnings, and are in it for the long term potential. Finally analysts have to come up with specific numbers - the growth rate number used by Edelstone is 75% (after a 150% surge). A person in his position has to pick a conservative middle ground. However, I am convinced that growth rate starting in fiscal 2000 (10/1/99-9/30/00) will be in excess of 100%. I am still long on RMBS, but I did convert about half my holdings into longer term options and LEAPS last week. Bernard