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


To: Ibexx who wrote (16128)2/20/1999 4:38:00 PM
From: Doug M.  Respond to of 93625
 
Ibexx, I agree. It reminds me of the Intel thread in the summer of 1997 when INTC hit 102. It had just ended a great run and it was up significantly. A lot of people were saying how easy it was to make $$ with Intel. Needless to say, there was a protracted downturn back then and Intel didn't break 102 again until the fall of 1998.

I'm not saying that Rambus will suffer a similar fate; however, I'm a bit superstitious as well when everyone gets too euphoric.

Best of luck to all longs,

Doug (very long RMBS now after the downturn)



To: Ibexx who wrote (16128)2/20/1999 4:46:00 PM
From: Dave B  Respond to of 93625
 
Ibexx,

Actually, the stock price continued up like crazy after the first forecasts. It collapsed after the Q1 reports. Of course, you might be linking the hyper-optimistic forecasts with the bad news. Which is why I think we should wait until after the news next week.

I think we could use a little optimism again (not hype, optimism).

I got my lucky rabbit's foot (of course, it didn't help the rabbit much!). <G>

Dave B



To: Ibexx who wrote (16128)2/20/1999 8:11:00 PM
From: MileHigh  Read Replies (5) | Respond to of 93625
 
Ibexx,

My Grandmother was 100% Irish! I don't think our "more realistic"
estimates will jinx the stock. Please give us your forecast,
we won't tell anyone <gg>

These can be revised after the IDF this week....

12/31
Close High Low
REH 275 285 60
denni rash 177 - 60.875
Dan Burton 165 - 58
MileHigh 150 - 58
jmanvegas 140 160 60
Richard Ruscio 135 150 60.875
sam 130 140 57
ribman 122 155 59
Gregory Mullineaux 120 - 60
Trufflette 114 122 56
Gentleplayer 111 137 61 (Honorary YHOO poster)
jopawa 110 110 47
mindmeld 95 - 61
Rich1 95 - 50
Gary Wisdom 92.8 109.5 60.875