While the street is in a good mood- because of discount rate cut & a few brokers saying fed fund rate will be cut this yr (.50 to .75 basis pts)/ thus they may not be to hard on rmbs - but u know mgt. Is too dumb or prolonging inevitable prison time....................................
Don't count too much on the FED cutting its rate from 5.25%. Remember there is a monster called inflation which will prevent that. What Bernanke did is to help his big fat friends clean the lethal toxic waste they created by their greed. Remember what he did of cutting the discount rate it does not have any inflationary effect because it does not affect the consumer rate or put money in the hands of consumers.
RMBS has or had a lot of brain power working of them designing 3rd and 4th generation chips use by all the leadind chip firms, RMBS IS the true leader in this field for the past 20 years.
My question is why can't they pump out the finance statements months ago they look like fools ,the info will come out sooner or later as the sun rises every day, come clean get it overwith so RMBS AS WELL SHARE HOLDER will be in the black. please put your heads togeather on this and get these statements out next week without delay !!!!