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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 97.27+3.2%2:31 PM EST

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To: Pat Hughes who wrote (59572)11/1/2000 2:30:49 PM
From: Dan3  Read Replies (3) of 93625
 
Re: The Agreement, which includes an up-front license fee and quarterly royalty payments to Rambus..

I found the news to be a real stunner and dumped my puts at the open.

Congratulations to those who forecasted this correctly.

I still think the long term story on Rambus is a dead end, but short term I would say it now looks terrific.

I was surprised that the stock didn't move much higher, much more quickly - and still don't understand why the price is staying so low. (not complaining, mind you, since I was actually able to get out with a good profit on the trade - which probably surprised me more than the news of Samsung signing that agreement)

The fundamentals are looking great and (so far) the stock is making little progress - now you know how AMD longs feel.

:-)

Dan
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