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

To: unclewest who wrote (17318)	3/12/1999 8:52:00 PM
From: Gary Wisdom	Read Replies (2) \| Respond to of 93625

Uncle, what does "killing the scene" mean? you ask me to name one bad thing about Rambus? that's easy. The preponderance of retail investors in the stock. Anytime there is any sign of weakness, everyone jumps ship. It is far too easy for the market makers to manipulate this stock. It is a veritable money machine for them. Take a look at the price swings on the stock. It almost always trades in a $10 range every 5-7 days. Just ridiculous for a $70 stock. Institutional investors may like this stock, but they know better than to ever chase it. It ALWAYS comes back down after rallies. That's the problem. There is no overwhelming reason for anyone to pay over $72 for this stock right now. IMHO, until things change, you'd have to be an idiot to pay over $70 for it unless you're trading it. And until things change, I won't even do that. As for the future, I think it is incredibly bright for Rambus. However, I really don't see anything at all happening to boost the price before June. I'll look at it again at that time.

To: unclewest who wrote (17318)	3/12/1999 11:39:00 PM
From: Zeev Hed	Respond to of 93625

uncle, I think that the one bad thing about the "news" is really two things, the first, a general perception that the PC market may undergo some weakening, thus MU and the DD have been folding hard, RMBS is just following these (irationally, but that is the market). The more "rational fear" is delays in Intel's Road map and resistance within the user's community to be "slaved" to an Wintel/Rambus standard, not only with the appearance of stop gap systems, but I think that the debut of Linux might even have an effect on the Wintel standard. I believe that both of these fears will disappear within two months (but not before some major damage is inflicted on the whole sector, including RMBS), but by early to late June, the "community" will be faced with a simple dictum "resistance is futile, you will be assimilated" (VBG), and then RMBS will revive like a Phoenix. Happy ending, a typical western... Zeev