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

To: Don Green who wrote (33909)	11/4/1999 3:55:00 PM
From: jhg_in_kc	Read Replies (1) \| Respond to of 93625

what is your "70 -20 -10" I missed your explanation of it. eom

To: Don Green who wrote (33909)	11/4/1999 4:01:00 PM
From: Glenn Norman	Read Replies (2) \| Respond to of 93625

Yo_Don Green............. re: I prefer to avoid the risk when shorting such a violent stock, because in the LONG run I think the trend is higher. Don, my point to you is that you sold yesterday at 79. I assume you sold because you thought RAMBUS was about to top out and pull back- correct? If you still believe that RAMBUS is about to pull back then you should short it- otherwise why sell out at 79? If RAMBUS caught you by surprise by its continued upward trend, then your trading strategy is not as good as someone who bought at the same 69 per share that you bought at and is still holding: even though they may only have paper profits they are still ahead of you! I originally started my position at 38 and have continually added to my position on every major pull back; my position is now ten times larger than I started with , and my average per share is in the 50's, I do not think you have made more money in RAMBUS than I have because I have been buying at the same price points you have been buying at and had I cashed out yesterday at 79 I think my total profits would exceed or match what you may have made trading, and for me the TAXES would have eaten a huge portion of my profits had I traded in and out over the past two years. What it all boils down to is that you have your way of trading and I have mine, but who is to say that one is better than the other? Salude - Norman L R for a V L T!