Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 94.71

+1.2%

Dec 30 3:59 PM EST

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To: KM who wrote (5008)	6/24/1998 5:17:00 PM
From: mauser96	Read Replies (1) of 93625

I also sold my Rambus for a very nice profit. The sharp rise is due to a typical short squeeze, which usually doesn't last long. Then the stock drifts down for a while (since the buying pressure was based on shorts covering) before fundamentals take hold. I won't short it, and expect to be able to get back in lower than I sold. If not, there are plenty of other stocks to buy and my profits in this one will help to pay for them. In the long roun Rambus will face competition. You can count on the fingers of one hand the number of important patents in high tech that have't been broken or somehow evaded eventually.

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