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


To: Jerry Miller who wrote (47047)7/11/2000 6:30:32 PM
From: Barry Grossman  Read Replies (1) | Respond to of 93625
 
Jerry,

Thanks for that.

It is my belief that FUD has once again created a buying opp for RMBS.

I think we will look back at these moments in another year in the same light as we look back at the FUD of 1998 & 1999.

Barry@reallongRMBS.com



To: Jerry Miller who wrote (47047)7/11/2000 9:18:35 PM
From: Jerry Miller  Read Replies (1) | Respond to of 93625
 
this is for anyone lurking, who like myself, might also be
relatively new to the stock.
it's from the Yahoo boards.

in the current scheme of things, the sanity he imparts is impressive.

"Rmbs just trading like Rmbs
by: bdabigdog2
7/11/00 8:36 pm
Msg: 133499 of 133503
In my short history of holding RMBS it has been characterized by enourmous sweeps upward with gradual fall backs. One will always follow the other in the
same order and with shorts I see they have been able to figure out the pulse of RMBS. I recall early last summer we ran up to 110 only to fall back to mid
50's in the fall with news of delays from Intel's foward plans for RDRAM. We ran to 70's in the fall and on three occaisions hit 94 before a retrenching in the
70's. Which bought us to early February this year. We saw a 5 week run that bought us from 72 to 471 (pre-split).
Then the market went bearish from March 13th through to May 22. This was a valuation problem for all Tech. stocks that saw 50% to 80% corrections. We
saw RMBS price drop to 160's or 1/3 its previous interday high. Then on May 23rd bullish sentiment returned to the market sensing the Fed was through with
its over reaction to a problem that will proove non-exixtant. We had the 4 for 1 split on June 15th. We had royalties announced with Toshiba and Hitachi. We
had UBS Wargerg's Seth Dickson target RMBS at 165. We had Edelstone re-iterate a new target of 200 (his first target of 500 was hit in three mos.)
So we saw in after hours trading after Hitachi settlement the price of Rmbs. rise to 146 (584 pre-split)
So now we have the normal retrenching today back to the high 80's. Wasn't it just last week we traded at 110?
I sold my Corvette last week and with the money I bought some more RMBS today. I miss the early morning rides on tree filtered sun, with dew on the
grass(greens)roof off and hair blowing. But I'm confident by April 2001 I'll buy a new vet with the procceds. It's only a summer car anyway. We will hit
Edelstone's 200 target by then.
So in the long history of RMBS today "won't amount to a hill of beans"