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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 97.97-0.1%3:37 PM EST

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To: Ibexx who wrote (2390)11/21/1997 12:27:00 AM
From: Marc Schiler  Read Replies (2) of 93625
 
Ibexx,

Thanks again for your long term analysis; it's probably what H & Q used, or something similar. I've got to comment on the day trading strategy, though.

I hold some long term stocks and then trade in them as well. I theorize that if I get caught in one, I feel more comfortable about riding it out instead of selling at a loss. Thus I just happened to be sitting on some RMBS this morning hoping to make two or three points. I had to go teach a class, and when I returned, I thought my portfolio summary had an error in it! I rode the trading position until the end of the day and then took my profit. I will be sniffing around to get back in.

Of course, you may be right in that I may miss the rest of the ride, but I am a happy camper for the moment, that's for sure.

It makes up for some of the investments in I made in the energy sector, which were supposed to diversify my portfolio and reduce my risk.

Regards,

MS
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