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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.33-1.3%10:38 AM EST

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To: MileHigh who wrote (26208)8/2/1999 11:37:00 PM
From: Dave B  Read Replies (2) of 93625
 
MH,

LOL! I gotta tell you that I'm laughing my bottom off watching you guys who are going to be in and out of RMBS 143 times between now and 2002 trying to figure out what the stock price will be then. <VBG> We can't even tell what it's going to be next week, let alone in 3 years. The margin for error in this stock his huge for both timeframes!

Here's my projection -- we'll be up with a very respectable annualized return by the end of 2002. I'm putting a large margin of error on that, however, under that assumption, of course, that the Intel doesn't go bankrupt, that Al Gore doesn't win the presidency, that China doesn't ignite any nuclear warheads, that Y2K indeed turns out to be just a blip and not Armageddon, etc., etc., and so forth.

A corollary to Don's "it's only a profit if you sell" maxim is that "you can't count your profits 3 years in advance". <G>

Dave
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