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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 88.13+1.0%Nov 21 9:30 AM EST

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To: Bull RidaH who wrote (59269)10/31/2000 9:13:52 AM
From: Bilow  Read Replies (1) of 93625
 
Hi Bull RidaH; You wrote: "Wave counts on Rambus say it should not go below 46, with any trading under 52 a low probability."

It's trading at $42 3/4 15 minutes pre market right now. This could be the buying opportunity you've been waiting for all your life. But where do you place a stop loss on this trade? Where did you buy at?

Re: "And rest assured Intel will solve the silly Rambus memory cost dilemma, even if it means putting some of the mm's out of business by converting several of their own fabs to produce it."

Intel tried and failed last May to talk down the price of RDRAM by talking up the production. Why do you think this time it's going to be any different? I think you know more about making money off a bull market than you do about the memory business. You should take to heart an old aphorism, one that dates to the 30s, I believe: "A bull market makes every investor a genius." Now, what does a bear market do?

-- Carl
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