Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 106.93

+2.1%

3:59 PM EST

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To: KM who wrote (1216)	8/14/1997 7:25:00 PM
From: Joan Osland Graffius	of 93625

Trufflette, First of all I do not short stocks very often. I have been watching Rambus and the incredible run it has been on lately. Tuesday morning after the 12 point run, I went in and looked at the interday trading chart and noted the right shoulder and decided a short was worth the risk. I also looked at the last 5 days of interday trading and they were small lots, i.e. nothing more than 10,000 shares that were causing the stock to go up or down and felt more than likely the "bandits" were playing the stock. Hey, I just got lucky...If the stock would have hit another high I would have cut my losses and run. I think Rambus is a stock to own but not at these prices. I will watch the stock and if it get to a price that is reasonable I will buy. The only risk with the company is that someone comes up with a new mousetrap. Until then these fellows have an inside track. Another thing I like is they have an Adobe fellow on the board and he understands this type of business in spades. I have owned Adobe for years. Joan

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