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Rambus Inc. Message Board

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  • biggianthead173 biggianthead173 Mar 25, 2006 2:17 PM Flag

    Has Speculation Begun?

    Hard to know who the buyers are now. They are a combination of: short coverers, ltl's still accumulating, new buyers, large and small, and even Rambus buying its own stock back. I don't know to what extent the new buyers are motivated by how the trial is going vs. new analysis of future earnings based on the deals RMBS is signing. The real big institutional buying hasn't begun because the trial isn't over and there are very few analysts providing independant research. What I feel strongly about is that the selling is drying up. Everybody who got into the stock in the last 5 years and had a big loss at one time or another has now had a chance to get out even. All that nervous money is gone. IMO, the stock is now in the hands of more patient money. BTW, what do we hear from the Merrill analyst these days? He was always using Rambus as the example of an overpriced tech stock. Does anyone know if he really followed RMBS? He'll have real egg on his face if the news continues to break our way. Good luck, longs. In since '98

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