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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 104.04+2.4%11:49 AM EST

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To: MulhollandDrive who wrote (28908)9/7/1999 6:00:00 PM
From: Dave B  Read Replies (2) of 93625
 
bp,

Okay, now I'm confused. From what I can tell from the "Time To Short RMBS?" thread, most of the postings occurred from August to November of 1997. I'm looking at a monthly Quote.com chart (pretty rough) and it looks like the price, except for early August, was between 45 and 60 (say low 50's average). Now we're at 91-ish. I calculate that as about a 30% annualized return for the two years.

Are you saying that this isn't good? That 3X the historical 10% return from the market isn't acceptable?. Are we so jaded that a 30% per year return is scoffed at?

What have we become????????

<VBGGGGGGG>

Dave
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