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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: J_W who wrote (27949)8/27/1999 11:06:00 PM
From: MileHigh  Read Replies (1) | Respond to of 93625
 
Jim,

I made a conscience decision to put my money to work elsewhere, QCOM and JDSU (nice runs lately, actually much better than RMBS <gg>).

Also, I never thought RMBS was DOA or the like. I think the regulars know that. It is just going to be volatile for awhile.

I still think there will be time to get back in. IMO, the shorts are closing their positions due to the uncertainty of what INTC might say next- could be negative or positive for RMBS ST to NT- they do not want to chance it either way, so they are buying back their shares.

JMHO!

Regards,

MileHigh

PS- Remember I sold it @ 101.1875. Still haven't missed much and made much more on JDSU and QCOM anyway....