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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 115.18-7.7%Jan 23 9:30 AM EST
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To: Duane L. Olson who wrote (3095)2/20/1998 12:42:00 AM
From: RetiredNow  Read Replies (2) of 93625
 
Hey Duane, I remember getting into a discussion with Ibexx about whether or not it was the right time to buy RMBS when it IPO'd. It was trading at 30 at that time. Since then I've purchased some at 46, 56 and 51. It's pretty clear to me that this should be a long term holding for me. The pattern I see in the next 2 years is that RMBS DRAM will become the standard and then INTC will buy them out. I'm holding until then. Who cares about the short term fluctuations?
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