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


To: jmanvegas who wrote (16134)2/21/1999 10:09:00 AM
From: Drake  Respond to of 93625
 
jman, re cherry picking, everyone look at PMCS (disclosure - I hold a very large long position in this stock, and just last Friday substantially added to that position at an average price of 73 1/4).

They develop, sell & support high-performance semiconductor components for high-bandwidth & broadband communications network industries, and their products include ATM devices, etc., used in LANs & WANs for switching, mapping, protocol conversion & transmission multiplexing applications, for Internet, remote access & corporate data network applications (source: Microsoft Investor).

They sell to CSCO, etc., and have received CSCO's yearly award for excellence (source: Microsoft Investor).

About 4 weeks ago, someone stepped up to the plate and bet approx. $2.5 Million on July $70 Calls, and that someone's break-even is approx. $87/share (source: Stockwinners.com).

The analysts who follow them have "high confidence" in their Company (source: Microsoft Investor).

The stock has just traded as high as $82/share, but has since backed off to a close on Friday of $73 7/8.

I very seldom tout a stock to anyone, but I truly believe this stock is worth a look by everyone.

I strongly recommend you read the posts under PMCS in SI.

That having been said, you are at your own risk if you invest in this stock.

Wishing you well.

Dc



To: jmanvegas who wrote (16134)2/24/1999 2:39:00 PM
From: jmanvegas  Read Replies (1) | Respond to of 93625
 
To the thread:

One of the choices to make is whether one buys at these levels believing RMBS will run strongly to the upside from here, or waiting to buy at lower levels (needs to fill the gap, etc. ???). If the latter is one's belief then one could possibly time optimum entry points at this stage of the game. I'm not sure which is the right choice. But long term, it makes no difference.

jmanvegas