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


To: Gary Wisdom who wrote (13489)1/14/1999 9:41:00 PM
From: jopawa  Read Replies (1) | Respond to of 93625
 
Gary,

Agreed but.......CIEN is much different than RMBS. CIEN is a mature company that hit some tough times i.e. busted merger, AT&T not buying from them etc. RMBS is still a company with the future laid out. Nobody with half a brain was buying this stock for Nintendo earnings. People are in RMBS for what is to come, and today has ZERO effect on the future.

<Moral of the story: the market takes no prisoners. Rambus will get hit hard and stay there for a little while. But, in the end, it'll be back right up there where it was today as it is a great story.>

My thinking is that although tomorrow won't be pretty, it will be tempered with knowledgeable funds happy to get it where they thought was unattainable one week ago.

We'll see what happens, but I for one will buy for a trade tomorrow.

Good Luck

John