Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 103.80

+2.2%

2:45 PM EST

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To: grok who wrote (31797)	10/7/1999 11:00:00 PM
From: Jdaasoc	Read Replies (2) of 93625

KZ <<I might as well give you my rmbs investing history. I first bought rmbs on May 28, 1997 with half my 401K that I had acquired by working 8.5 years at Intel and 5.5 years at Sun. I wanted to use all of it but my Dean Witter broker talked my down to half. Price was $30.75 and I sold on 7/9/97 at $50. Then I bought again on 8/2/99 at $86 and sold for the second time on 8/17/99 at $86. Finally I bought for the third time on 9/2/99 at 85.5 and sold on 9/7/99 at $90. That's my story>> My advice Stick to the day job and invest in bonds. You never make any money with stocks. You made ONLY 20 pts on RMBS in over 2 yrs. I owe the government more than my wife's yearly salary as a dentist on RMBS short term capital gains. She saw me write the check last month and decided it's getting time for her to retire. LOL john

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