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Gary: Please take this post as one man's opinion. It is not meant in any disrespect. And it presents nothing new. That said, be careful shorting RMBS. Previously, Rambus had been moving on its potential: hence the large falls after the large runups. But, at some point it will move on MORE then just potential. And that move will come well before any major earnings are recorded. As soon as the street recognizes that RMBS will be a standard there will be no major sell off. Unfortunately for me, that time may already have come. :( From what I can gather, we will be entering a major computer upgrade cycle soon based on the newest NT series, geared for business and home use. Faster speed memory will be vital for the newest voice, data, video and telephony apps to work. The semis may be rounding the bottom, and if so, AND if RMBS is the memory standard (as it now appears to be), we could be in for some very, very large gains in the stock price -- gains which will translate into further R and D and the eventual consolidation in the very specialized intellectual property portion of the semi industry. I have a feeling you are short at a much lower level. Sometimes its best to cut your losses and move on. Personally, I have had to swallow my pride on more than one occasion when I timed market changes wrongly. There certainly are other stocks to short and there will be other times to short RMBS. This, however, may not be one of them. Just my opinion. Good luck. |
