Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 121.64

-2.3%

Jan 29 3:59 PM EST

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To: REH who wrote (4541)	6/11/1998 7:42:00 AM
From: Thomas P. Friend	Read Replies (1) of 93625

REH, You shouldn't make your sell decision based on whether you have a loss or not. You should decide based on where you think the stock you own will go from where it is now. I sold my Rambus at a substantial loss a few weeks back (at 44), because it was beginning to look certain to me that it was going lower. It's a dangerous game to hold a stock just because it is showing a loss. I live in Massachusetts; I've worked at Wang Labs and Digital, and I've known lots of employees that held A LOT of stock in those companies, and refused to sell because they were showing a loss. Now, ten years later, Wang (as far as their common is concerned) is bankrupt, and those still holding DEC are holding it at a 75% loss (it was as steep as 90% a couple years ago). What goes down does NOT have to go up. (Note: this should not be construed to mean I advocate selling Rambus now.) Tom

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