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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 96.40+5.4%Dec 19 9:30 AM EST

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To: Dave B who wrote (31233)9/30/1999 11:32:00 AM
From: Jdaasoc  Read Replies (1) of 93625
 
Dave:
Do wonders ever cease. From Yahoo thread

For the record. I'm now long!
by: trpdmor 24109 of 24109
I've accumulated large quantities of stock between 59-61. I'll be buying even more if it hits that area again. Here are the reasons:

- Benchmarks from PC Magazine showed, in contrast to what I was expecting, that RMBS does have a performance advantage.

- The $1799 price tag for RMBS PCs is much lower than I expected (I expected a $3000 or greater price tag)

- As most engineering problems on new technology, the current glitch will be solved soon enough to the advantage of RMBS.

- The PC Magazine review was quite unbiased and showed RMBS PCs in a good light. I think consumers will buy RMBS PCs (in contrast to what I thought if the price tag was to be $3000).

I think currently, RMBS is a good investement for short and long term and will give immediater ROI the moment the announcement is made that RMBS PCs have cleared to ship. Information that I have, leads me to believe that the day will come before the month of October is out.

If you still have short shares, I would look to cover on any pull backs and reverse to a long position.
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