Milehigh, the minute you get complacent about your money, you'll be giving it away, albeit reluctantly.
I am always concerned about Rambus. There is absolutely no question in my mind that the following are true:
1. Rambus has a great future. However, it is vulnerable in the near term to wild fluctuations. At least until they start realizing revenues from the royalties on the RDRAM.
2. While us little guys care a great deal about these 40 point haircuts, it obviously is the case that the big shareholders do not and see these as terrific buying opps. They are loving this pullback and I am convinced they are buying here. However, there is no reason for them to drive the price up, as there always seem to be willing sellers of Rambus at any price. Very weak hands here.
3. Rambus has always, and will continue to be in the near term, a very thin stock. Very easy to buy, but very difficult to sell. Thus, I am not overly concerned right now as I have no plans on selling anytime soon.
Hang in there. If you have too much stock, sell some now. But keep some in your portfolio, no matter how little. Rambus' time is near. The ramp up is beginning, no matter what the naysayers may say.
Good luck. |
