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

To: unclewest who wrote (17456)	3/18/1999 8:09:00 PM
From: pompsander	Read Replies (1) \| Respond to of 93625

Why is Sony news Important? Uncle or others: I undersand that Playstation II is the second coming of entertainment (or some such) and that Rambus is a part of it. What I would like to know is whether Rambus' inclusion in the product was unanticipated. In other words, if this product will be as hot as forecast, is this purely new, good news for Rambus, or is it just improved, already anticipated news. Having said all that, how much better is the news? I mean, give me your best finger in the wind (first finger, not middle) idea about royalty improvement in 2001? Many thanks, Pomp

To: unclewest who wrote (17456)	3/18/1999 8:30:00 PM
From: jmanvegas	Read Replies (1) \| Respond to of 93625

Hi Unclewest: Long-term - no problem. But over the next couple of months, I believe RMBS is dead money. It may bounce up somewhat if the market continues to rally but if you're following the techs, I would be very surprised if you thought the techs offered compelling value in here at this time. Now RMBS is a lagging stock, next year it should be a leading stock. So one can easily time one's purchases. The RMBS chart indicates tremendous overhead resistance and it's going to take some doing to get through that resistance. With all the wonderful fundamental news, RMBS is trading in the low-mid 70's. So it tells me the money flows are not there right now. There are other wonderful opportunities besides RMBS and I could name companies that are more compelling and have even brighter futures than RMBS. So it's a matter of money management and maximizing one's returns. The returns for RMBS shareholders over the last two months have been dismal. I know your passionate about RMBS and you have every right to be considering the long-term positive fundamental outlook. But you haven't made a dime on your RMBS position since the Edelstone downgrade. The money that I had tied up in RMBS has been placed into other tech and biotech stocks that have returned 30%- 50% returns over the past few weeks. In 6 months - one year from now you'll probably be right. But over the near term, I think you're wrong. Nothing personal. Good luck to you. jmanvegas