Even I know better than to expect RMBS to become another QCOM.
Really, then why did you use an example which you feel is irrelevant? QCOM has the global standard for PCS services. RMBS will be a small niche player, at best, in the memory sector. This is a drastic downward revision from the claims of 1/2 the chip market by 2000.
Or perhaps you're the one performing the disservice by scaring readers away from RMBS?
Possible, but I strongly doubt it. I've done my best to inform people and let them make their own decision. If they follow RMBS management's lead, they will sell and sell quickly.
I trust that you're aware and have shared with the thread the fact that Tate appears to have sold his entire position in RMBS. [Based upon EDGAR filings.] Now that's confidence in his company's future. Not only is Tate displaying a lack of confidence in the company's future, the same is true of the rest of the senior team.
What could you possibly know that they don't?
Ian.
Date Name Action Shares Value
5-Nov-99 TATE G Planned Sale (144) 19,400 $1,552,000
26-Aug-99 FOX T Sold (S) 16,000 $1,650,080
4-Aug-99 TATE G Sold (S) 3,100 $254,200
28-Jul-99 TATE G Sold (S) 2,700 $270,000
26-Jul-99 TATE G Sold (S) 4,000 $400,000
22-Jul-99 TATE G Sold (S) 5,200 $503,776
In addition, Farmwald appears to have sold more than $10M worth of RMBS this year.
Other sellers of more than $1M worth of RMBS recently include:
Fox,
Mooring,
Donnelly,
Horowitz,
Toprani,
Roberts,
Kamo, [used two separate first names - Tom and Takahino]
Larsen,
et al. |
