Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 95.26

+3.1%

Nov 14 9:30 AM EST

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To: Rosemary who wrote (10426)	11/27/1998 12:34:00 AM
From: Gary Wisdom	Read Replies (2) of 93625

<<cause this doesn't really fly down, it drifts. >> On Sept 28, Rambus hit $71 7/8. Eight days later, it hit $48. That is not drifting down - that is falling off a cliff. I do not know where Rambus will be in 10 days. I don't think anyone does. But this is not Amazon.com or Ebay. It has a history. And, while I have left some money on the table, I am comfortable with that for the most part. Those that choose not to learn the mistakes of history are doomed to repeat them. I feel much better hedged right now. Check out the chart last August. Everyone thought then that it would never see the $30s again. As you know, it did. And, the volume was much, much stronger on the way up to $87 that time. It is nothing right now. Just don't be complacent.

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