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Technology Stocks : MARIMBA / RAMBUS
RMBS 103.89+3.8%10:20 AM EST

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To: Fred Fahmy who wrote (56)5/12/1997 5:52:00 PM
From: PrettyBoy   of 99
 
Sigh...I would wait on this one, as I do on all IPO's. Even Netscape fell from $72 to about $45 before it started to go back up.

I expect Rambus to be in the $11 range (what's been told to me).

If it opens at $14 or something, don't go in prematurely.

There will be alot of people with over 25% instant profits who are going to sell off.

I don't think we'll ever be lucky enough to get the IPO price, but we can get pretty darn close if we're PATIENT.

Remember, no stock is ever so good that you'll "miss" the boat.

Stick to your guns. I'd say, 10% above IPO price would be a good price.

Hopefully, the next few days will be bad days for the market in general...then we can all sneak up on some shares.

More to come...

-PrettyBoy
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