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


To: Rosemary who wrote (15111)2/5/1999 11:35:00 AM
From: MulhollandDrive  Read Replies (3) | Respond to of 93625
 
Rosemary,

I have to admit to being somewhat shocked at how RMBS trades within the parameters of Edelstone's price targets. Looks like a very easy trading situation, but please, somebody stop me! (CPQ cash burning a hole in the pocket). It just can't be that simple

bp



To: Rosemary who wrote (15111)2/5/1999 11:49:00 AM
From: Alan Hume  Read Replies (2) | Respond to of 93625
 
Hi Rosemary

" Imagine our good fortune...knowing about a company that has at least 50 pts to the upside still to happen, and in less than a year, and it actually has revenues, and earnings...with more revenues to come in the future. Money in the bank...I'm seeing those $$$ signs again, soon."

You are absolutely right, but if you are long right now, you are (metaphorically speaking) waiting at the airport with checked in baggage 6 hours before take-off. For quite some time, you, your ticket and your baggage are going nowhere. If you can find a profitable alternative or a safe haven for the next 3 months, then take it. I am very bullish on RMBS, but as we all know, TIMING IS EVERYTHING, and although it is "Miller Time" right now from where I am writing, I am convinced it ain't RMBS time

Alan