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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: MileHigh who wrote (10546)11/28/1998 7:27:00 PM
From: Gary Wisdom  Read Replies (1) of 93625
 
<<I don't know and will not advocate that RMBS investors should do one or the other because each investor has different goals and tolerance for risk.>>

Well said, Milehigh. Like you, I have been in Rambus for a long time. I sold in the high 70s and of course regret it. However, I do have other investments <ggg> and they are doing nicely too.

I post words of caution here not to knock the stock down but to share the knowledge I have of this stock with others. After all, I thought that's what these boards are for. To help each other.

Rambus definitely is not your "usual" stock. In the past, it has risen to these heights and pulled back significantly. Of course, it may not happen this time.

However, the odds are against that as you know. Lucent did go to $108 and dropped back down to $54. Aol did go to $140 before dropping down to $84ish. When those stocks were at their peaks, no one on the threads thought they would ever go down. They were wrong.

The question is not whether Rambus will pull back. The question is how high will it go before it does.

And, quite honestly, I do not know the answer to that question.

Good luck.
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