SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 92.59+5.1%3:35 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Don Green who wrote (16066)2/19/1999 9:33:00 PM
From: Gary Wisdom  Read Replies (1) of 93625
 
Don, I think the one thing that we do agree on is that Rambus should have never been $110 last month. That was highly premature. IMHO, we won't see that again this year. BWDIK. However, to tank like anything has changed is just BS. Rambus has never traded on PRESENT earnings but FUTURE earnings. Everyone knows that. At $110, a correction was bound to happen. That's why I bailed earlier (and quite premature except for trading shares).

However, ever notice Bill Fleckenstein on television? He is like the laughing stock of this market. Him and Barton Biggs. They have been WRONG for years now.

Of course, one day they'll be right. That's inevitable.

But not yet. Some exogenous event is going to have to occur for them to be right. Very possibly, an oil supply shock could do it. Or something likewise.

So, why not make money on the long side while the market is in a bull phase?

That's all I'm saying.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News