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


To: jmanvegas who wrote (13718)1/16/1999 2:13:00 PM
From: Ibexx  Read Replies (1) | Respond to of 93625
 
Sounds like you live or die by the charts.

Good luck.

Ibexx



To: jmanvegas who wrote (13718)1/16/1999 2:23:00 PM
From: Barry Grossman  Read Replies (2) | Respond to of 93625
 
jmanvegas,

Hello, and welcome to our little discussion group. Glad you joined right in.

The Rambus story is unchanged and the stock is currently on sale. So, for traders, it's a chance to flip around and hope you get in at lows and out at highs. For long term holders, the fact that the next few quarters will be flat and that only after that will we see ramping earnings is nothing new. The basic facts are still in place. There was nothing about the basic business strategy or implementation that was changed. If such things had changed, we would have heard it. We didn't.

If you want to gamble short turn, that's one thing, but for anyone who wants to buy and hold and wait for the story to unfold completely, the stock is very cheap right now. It may have gotten a bit ahead of itself at 110 but stocks of good companies often do.

Barry



To: jmanvegas who wrote (13718)1/19/1999 2:03:00 PM
From: jmanvegas  Read Replies (1) | Respond to of 93625
 
Hi Thread:

Started buying some RMBS today. Still like to buy some more at lower prices. Only concern is if Greenspan does his Greenspeak tomorrow, but why would he want to spook the Latin American markets at this time. Good luck to all.

jmanvegas