Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 90.61

-2.3%

12:22 PM EST

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To: unclewest who wrote (19583)	5/3/1999 12:52:00 PM
From: Mark Ivan	Read Replies (3) of 93625

Unclewest, >>the idea to put the shares in a cash account was suggested here a coupla days ago. sounds great to me. Actually, I think this is exactly what you DON'T want. If you truely beleive in the company, I would think you'd want the price to come down so you can buy more shares. The shorts will bring the price down for you and the later buying will raise the price of the stock (that is if the company does not go bankrupt. Then the shorts are the only winners here). Now if you are nervous and looking for a short term bounce to get out of the stock, a grass roots effort for all longs to move to a cash account would generate a nice short squeeze. But trust me, it won't work. This board sounds just like the CYMER board did for the last two years. It had it's handfull of people that said Cymer was the best thing since sliced bread. It has its eternal, optimist that has been saying the "big move" is coming for 2+ years now. The decline came and then the idea of moving all shares to cash accounts was started. The stock eventually hit 6 and then was a 5 bagger in 3-4 months. Let RMBS trade out, buy on every 10 pt drop or so, and hold (that is if you believe in the company). The shorts may just be your best friends right now. Mark PS. Long with covered calls, if anyone is wondering

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