Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Alan Hume who wrote (16165)	2/21/1999 10:03:00 AM
From: MileHigh	Respond to of 93625

Alan, You lost me, I never said Marc was negative. I did try and point my thoughts on a corresponding PE with EPS growth that is "estimated" to more than double year over year for then next 3 years (not forever, I know, but perhaps EPS should more than double annually from '99 thru '02). Does this mean you are bullish on RMBS EPS prospects? Sorry if I did not understand your post. Again, IF one believes that RMBS will earn $1.00 next year and then $3.00+ in '01 (could be much higher) then our current stock price of 71 represents a bargain to me-- my thinking is that the above growth rate exceeds 100% a year and we are now trading at 71X '00 earnings and approx. 23X '01 earnings Regards, MileHigh

To: Alan Hume who wrote (16165)	2/21/1999 10:36:00 AM
From: Dave B	Respond to of 93625

Alan, Thanks for posting the old article!!!! After re-reading it, I realized that I had been missing a key point... "The most important point we've made here is that by 2001, 50 percent of the DRAM market will be converted to Rambus' memory solutions," Harmon said. Harmon says 50% of the DRAM market, not the PC market. 50% of the DRAM market would represent 100% of the PC market (since it's 50% of the total usage of DRAM). Of course, RDRAM usage will be split across all segments, so their PC share won't be 100%, but it'll be close, since the other segments will lag behind in adoption. As I've said recently, SDRAM owned virtually 100% of the PC memory market after two years and I thought RDRAM would happen much more quickly than the 50% share we were talking about after 2 years. Cool. Thanks. Dave B