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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: sam who wrote (5200)6/28/1998 10:33:00 AM
From: KM  Read Replies (1) of 93625
 
sam: I agree with your advice to Gary K about shorting. I shorted last week and took a few points, then covered. Now, having read this server thing, I'm glad I did and will probably be buying my long position back tomorrow, though hopefully still below where I sold last week (61+). You probably know that some of the daytrading groups targeted it last week as a short and they no doubt piled on, contributing to the downward drift. That was my basis for shorting, nothing to do with the company or its story. You know they're going to do it, and there are a lot of them, so go with the flow until the flow turns back up, right? It's worked so far.
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