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


To: Dave B who wrote (18333)4/7/1999 2:04:00 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 93625
 
Good post Dave. It would be fun to see RMBS make another run at the old high, though. <g> Maybe this second charge today will spark a move to the 80's. If it does I doubt it will stay there long, it will either signal a breakout or a short term double top. Wonder what Zeev is thinking about todays action. You watching Zeev?

bp



To: Dave B who wrote (18333)4/8/1999 6:57:00 AM
From: Alan Hume  Read Replies (1) | Respond to of 93625
 
Hi Dave,
"I think we should keep the story straight"
Absolutely, and here I must correct you: At the last earnings report they did not reduce the earnings forecast, THEY REITERARED only what what First Call had had published since the previous quarter.
You are quite correct, that this came on the back of Edelstones down grade, but it was too much bad news too soon.
To recap,Edelstone sent it from 109 to 93, and the earnings results took it to 81. Further rumors took it down from there

Alan
PS That was great work you did on the double clocking thing. I wrote you a long reply to it, but somehow managed to erase it before sending it