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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 91.18-4.3%Nov 17 3:59 PM EST

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To: MileHigh who wrote (7804)10/3/1998 11:26:00 AM
From: MulhollandDrive  Read Replies (1) of 93625
 
Milehigh,

I think it's important to differentiate between trading RMBS and investing long term. If you're accumulating, then, quite frankly there really is not much point in watching the trades all day long trying to get the best price of the day.

I think Gary made the best point if you're trading, right now you can buy in the 50's and sell in the 60's. I still contend that most investors who know the RMBS story realize that the biggest "loss" risk is being out of the stock. While I sincerely hope that those who sold their positions last week in the hopes of getting back in in the mid forties get their wish, I personally am not at all convinced that will happen. I decided as the news releases started rolling out that I would increase my position in RMBS, so I'm buying any dips. I also think that overall market conditions could give RMBS investors some good buying opportunities, but I'm not going to be greedy and try to find the bottom. bp
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