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

To: RetiredNow who wrote (18904)	4/20/1999 2:45:00 PM
From: Geriq	Respond to of 93625

well, 20 to 30% is pretty good. And I don't think any of us is planning to get rich on one stock play. But I think a lot of us who watch daily and are ready to buy or sell on short notice expect more than that on an annual return.

To: RetiredNow who wrote (18904)	4/20/1999 3:14:00 PM
From: Roads End	Read Replies (1) \| Respond to of 93625

Mindmenld..More of what we all know. Steve Stocks in Focus Apr 20 1999 9:54AM CST Archives... Rambus in Short-term Downtrend Although Long-Term Picture Remains Rosy by Paul A. Alvim Managing Editor Rambus (RMBS), a manufacturer of "high-end, high-speed chip to chip interface technology to enhance the performance of computers" is at a critical juncture, technically speaking, although long-term outlook remains bullish. The stock is currently trading at major $60 support, which has turned back sellers on four different occasions since mid-February. If Rambus can hold above $60 support, expect the stock to begin showing an upward bias as investors bid up the stock price in anticipation of the third quarter chipset introduction (see below). A break below $60 would drive the stock back to next support at $50. On a longer-term basis, the stock has been in a downtrend since last January as investors have expected a delay in the release of Rambus' Camino chipset. Rambus development partner Intel, who will be responsible for implementing the Camino chipset within its Pentium-based PCs, has indicated a new third quarter launch date (from an original second quarter launch), which should hamper earnings for most of 1999. Last week Rambus released first quarter earnings that were in line with analysts' estimates. For buy and hold type investors the long-term growth potential of is enormous. Earnings are expected to grow at a 66% clip over the next five years, tripling the industry average. Of course, investors are paying for the growth with the stock trading at 224 times this year's earnings. But keep in mind, that earnings are expected to explode in coming quarters and coming years. So be patient! Disclaimer: This report is published solely for information purposes and is not to be construed as advice to either buy or sell a security. Trading involves risk, including possible loss of principal and other losses.