Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 95.45

+1.3%

3:59 PM EST

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To: MileHigh who wrote (21324)	6/1/1999 4:47:00 PM
From: MulhollandDrive	of 93625

Mile, It was simply a matter of liquidating a brokerage account. I had put it off for weeks because it was so heavily weighted in RMBS shares(in that particular account) and I felt that if the low 70's held I would go ahead with the transfer without selling. But with today's action I think there is just as likely as not that RMBS will continue to sell off as the FUD campaign heats up, so I determined that the least risky option was to sell and open the new account with cash. If I have miscalculated and RMBS reverses back up, those are the breaks, I'll buy back in higher, assuming there is no real change in the fundamentals going forward. The main thing that would keep me out would be another Camino delay. The other thing that factored in was my concern about INTC. As you know I sold my pc stocks in Feb. and wrote on this thread that I felt PIII sales might not be up to snuff, so if INTC reports a weak quarter, I think RMBS could be affected. Just more fuel for the FUD fire. bp

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