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


To: Alan Hume who wrote (50712)8/22/2000 12:13:23 PM
From: Ian Anderson  Read Replies (1) | Respond to of 93625
 
Alan,

I agree with you. There is always upside potential on news, because for a while new buyers come in assuming that the good news is not already discounted. "Bad" news tends to provoke gross overreactions, like the recent drop to 63, where I was fortunate enough to get a nice entry.

However there are also many owners of this stock who have no emotional tie, and are happy to take profits when it is so optomisticly valued, hence the regular corrections.

It's tempting (and usually wrong) to buy too late in the upswing. My maxim Rambus always gives you a second chance.