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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 101.61+2.8%Dec 5 9:30 AM EST

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To: mozek who wrote (1053)8/13/1997 2:57:00 AM
From: Ibexx   of 93625
 
Mozek,

I bought my first batch of INTC at the split adjusted price of $4 xx in in September of 1989, and my entire position of INTCW at $5 xx in March 1995.

During the Fall/Winter of 1995/1997, INTC dropped from $77 to 49 (51$) (pre split prices) due to product transition, and I didn't sell. In 1996/97, Intel's price tripled, and the rest is history.

All my friends got out during the 1995/96 timeframe, and they are still kicking themselves or blaming me for not having tried to stop them.

Other more recent example: bought BAY at $20 last year, only saw it tank to $16 in early Spring. Stayed pat and had confidence in company/House. Stock now is traded at $32-33 and headed for the $40s--all within 12 months.

Tons of other examples as well, but the above should serve to illustrate my own circumstances.

Ibexx

PS: bought most of my MSFT at $30, split adjusted.
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