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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 96.02+5.0%11:34 AM EST

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To: BillyG who wrote (886)8/11/1997 7:46:00 PM
From: Peter V   of 93625
 
Hey Billy, you may have been correct. The stock dropped a little at the close, down from 86 3/4. I'm going to stick it out a little longer and see if I can squeeze a bit more from the momentum, and I hope I don't get burned. As you can see, however, I am urging caution to all that care to listen, and if you don't watch out here your profits can evaporate as fast as they occurred. Those that proclaim with unwavering certainty that the stock will keep going higher are either urging on the momentum investors and the "SOES bandits," or are naive (as I have been called recently elsewhere). I agree with you that the company is a fundamental winner, but as my last post indicated, it has gotten ahead of itself here. Wish me luck! :o
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