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


To: Zeev Hed who wrote (38369)3/19/2000 12:55:00 PM
From: samim anbarcioglu  Read Replies (3) | Respond to of 93625
 
Zeev, thanks for the welcome.
>>Estephen, if you think that my mumblings here have any impact on RMBS' stock, you live in phantasy land.

About your statement above; I'm sure you realize there are literally millions of people (individuals) out there looking to invest into this or that stock. So, they look around in discussion boards like this one to see what the people in the know are saying about the stock under consideration. When you make a prediction of $330 for RMBS for next week, those millions of people will either click off to a different place, and do something else. I'm sure you realize this, much lower forms of this practice abounds the Yahoo boards. Your intent may or may not be to influence new money (browsers) and some of the existing holders to unload, but the effect is exactly that. And I can understand that. In this information age, these boards serve mostly advertisement purposes of the posting person. If they are short, they will announce it, and give their bearish rationale and hope that others believe them and act the same way. Then they will profit, having acted theat way before everyone else. Of course the converse is true as well. The problem is then when the offered rationale is wrong, misleading, stale or fictitious. The news about DDR going into the xbox was mentioned last week when it was first to go to AMD.
Best Regards
Samim