Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 91.18

-4.3%

3:59 PM EST

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To: Jim Fraser who wrote (14509)	1/28/1999 4:45:00 PM
From: jmanvegas	Read Replies (1) of 93625

Yeah, you're right. I'm just looking to optimize my buying opportunity if it does go lower. Those who have positions well below today's price are sitting good (though paper profits are disappearing), those who don't have other choices in the market at this time with just as compelling stories or better. So the choice for the investor is do I buy now or hold off for another downturn. I'm looking for another downturn to maximize my position although I did some nibbling today. I could be wrong and have been wrong in the past when to enter, but throwing money blindly at this stock when Nasdaq set records and RMBS limped along and closed on a weak note leaves me pretty cautious about when to load up. As an aside, BRCM, which was up all day, closed down $4 while the internets were extremely strong. Last time BRCM did that and the internets were up strongly, Nasdaq dropped the 100+ points the next day. Could be real interesting tomorrow but that's why we all play this pyramid game. jmanvegas

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