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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 92.72+5.2%Nov 24 3:59 PM EST

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To: Tom Warren who wrote (25197)7/20/1999 1:14:00 AM
From: richard surckla  Read Replies (1) of 93625
 
Tom Warren, I read your post with interest. Makes sense to me, but needless to say I am quite uneasy about the whole situation. Your partner Stuart said he "bought a lot more rambus today." Since I don't know what his definition is of a lot I can only assume that it means substantial, based on your previous purchases. If it was substantial then your group was in fact averaging up. This I know because I know your approximate entry point. But averaging up substantially with the current news staring you in the face would be foolish in anyone's eyes unless there was something very positive that is yet to come. If I'm right then I have to assume there is some positive news coming very soon. If not, why else would your investment group be buying a lot more at this time? With the large investment your group has already made, for them to pump more in at this time on a dead or wounded horse doesn't make sense. Your buying more today tells me something is going to happen soon. If not you could wait until the price drops more to increase your position. Tom, what can we look forward to? What's going on? Any additional info from you or Stuart is greatly appreciated by all. Looking only for info that you feel comfortable in sharing with us. Thanks in advance for your's and Stuart's consideration.
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