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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 92.37-0.4%3:59 PM EST

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To: Bilow who wrote (76174)7/25/2001 5:41:19 PM
From: Jon Khymn  Read Replies (1) of 93625
 
HI Carl, that was really nice summary on RMBS.
Not too technical with many good points.

One point though, don't worry too much about lawsuits. Most of those legal issues don't impact the company that much.

Can you give me few positive side of RMBS? (if there is any)

>>I'm on record as betting that it will end the year below $18.84, <<

Good call, but where is that record?
Can you post a link here?

>>In addition, I predicted that it will be in the low single digits (i.e. $3 ~ $4) before April of 2002, <<

That's a bold statement.
I'll revisit that next spring.

>>be sure and tell us when you actually make purchases.<<

Why is it important?
I have budget for 100 RMBS shares, and will buy 30 shares in 7s, 40 shares in 6s, and 30 more shares in 5s. Of course that is if RMBS goes down that much. I'm hoping RMBS will turn around in low 7s.

By the way, may I ask your RMBS position?
Did you short a boat load back when it was flying in 60 -90s?

Regards,

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