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


To: Zeev Hed who wrote (38209)3/15/2000 8:03:00 PM
From: Jdaasoc  Read Replies (1) | Respond to of 93625
 
Zeev:
In Feb, I was wishing that I could talk RMBS down to 72 from 78. I ended up paying 85. In late Feb, RMBS was at 230 and I was wishing it would go to 170. so I ended up paying 250. In early MAR, RMBS was at 330 a I was wishing it was at 270 so I ended up paying 350 for some.

Keep wishing, RMBS will continue to go up until the story changes or it becomes overvalued.

Trust me it is not overvalued right now based on it's potential. That is a partly a reason why it went up 8 pts today while "overvalued Nasdaq issues fell".

Case closed for now.

john