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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 92.35-0.4%Nov 25 3:59 PM EST

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To: Ibexx who wrote (16356)2/22/1999 4:01:00 PM
From: RetiredNow  Read Replies (2) of 93625
 
Hehe. I KNOW they got whipsawed. About 2 weeks ago I bought some at $75 and said I would buy more if it dipped to $65. Some real smart guy, can't remember who, told me that I was stupid because if I thought it was going to go down further I should just wait. So I told him that unlike everyone else around here I can't pick bottoms, so I buy in decrements on stocks that I really like. So I was able to buy more at $66 when it dipped that low. Now I have effectively doubled my position on this dip and I feel good, since my avg share price is around $60 on all the shares I've bought over the last year. I wonder if that guy owns any shares. Or did he wait too long? Anyway, I have all the shares that I wanted now, so I'm ready for this stock to rock.

Good advice for everyone else: put this stock in the category of stocks to buy but not sell for the next few years (Cisco is in that category).
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