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


To: richard surckla who wrote (30658)9/25/1999 6:56:00 PM
From: MileHigh  Respond to of 93625
 
rich,

Remember, Stuart was buying RMBS a few months ago "on weakness" around 100 or so! <gg> It was the time when Edelstone upgraded and everyone was giddy again. RMBS ran up to $117 or so and pulled back to $100. Everyone thought that when it pulled back to 97 or so it was going to be "the last chance to catch the bus". Stuart said he was buying.

My point is that I agree with a few other posters on being skeptical about "the rich" being inherently smarter. Sure, they ain't dumb, but there are a lot of rich people that ain't all that smart either. I am not picking on Stuart, but simply saying that the small fry has a certain naive fascination with the rich and tend to follow their moves blindly....

It can be disasterous to ones financial health.

Happy Hunting!

MileHigh