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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 88.13+1.0%Nov 21 9:30 AM EST

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To: KM who wrote (20121)5/12/1999 6:37:00 PM
From: sam  Read Replies (1) of 93625
 
Truff: I have a core RMBS position that won't be sold. Have held it since the 30s. Picked up some more today. And depending on market conditions, will be buying even more on the pullbacks. Zeev's 70 sounds about right at the moment for the short term bottom, but who knows with RMBS. I saw a lot of institutional interest today. But summer is summer. So I wouldn't be surprised to see almost ANYTHING happen from here. As for BRCM, as I told you on that fateful day, BRCM under 50 is a gift...and that it was. Glad you took the plunge. Though -- honestly -- it makes me a bit nervous at these levels. That said, it is at times like this that stocks seem to shoot up to astronomical levels as the shorts scramble. Hope you were able to get out of your NSOL position without much pain. sam
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