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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 87.20-3.3%Nov 20 3:59 PM EST

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To: Ibexx who wrote (1362)8/20/1997 11:53:00 AM
From: Jeff Jordan   of 93625
 
Well, I'm sure paying the price for my short sight...But I still can not accept the reality of these prices at this time. Just because large money is in this today I can't figure? Why weren't they buying at these levels yesterday or the days before, when the stock was 75? Why wait til its 79/80? Well, my conviction tells me, this is unrealistic and we will see 65 or below before November. I hate to sound negative and short sighted. Somebody, and or a lot of smart investors will get burned when this bubble pops, to requote recent sentiments. The risk of buying at these levels is very great. Its the very large fish I see chumming for small profits now. This is an aberation of big money greed/ manipulating a small number of shares, it has nothing to do with long term vision and belief in the quality of the Rambus market. However, If you were invested at very early levels your big fish have arrived. I'm only saying...if you didn't get on the boat when it left the dock....don't jump onto a boat ready to sink from too big a catch until they unload the boat first. Any small investors who came late may want keep their profits instead of getting their boats swamped trying to land one more big fish. Those investors would not be thinking small.....
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