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

To: happy_henry who wrote (50789)	8/22/2000 4:44:20 PM
From: Dr. Id	Read Replies (3) \| Respond to of 93625

Re: mishedlo, "Something is up - we just can not see it yet" In other words, buy now blind and hope. Sorry, I disagree with this investment approach. Henry But you agree with an investment approach that sells short and hopes that nothing positive is out there? Seems like a pretty big gamble with unlimited downside... Why would you gamble so much on such a risky play? The worst that can happen to me is that Rambus fails and I lose a portion of what I've gained (I'm up about 500%). The worst that can happen to you is that you continue to hold your short and you get financially ruined. I'll stick with my investment approach. Dr.Id

To: happy_henry who wrote (50789)	8/22/2000 4:58:48 PM
From: mishedlo	Respond to of 93625

Then keep shorting when the the trend is both up in a stock, up in the Naz, and up in the DOW SHORT SHORT SHORT some more I put my money where my mouth is and bought calls today

To: happy_henry who wrote (50789)	8/22/2000 5:56:32 PM
From: richard surckla	Read Replies (1) \| Respond to of 93625

happy henry... In your reply to mishedlo you quoted him as saying, "Something is up - we just can not see it yet" You said, "In other words, buy now blind and hope. Sorry, I disagree with this investment approach." But aren't you doing the same thing? Blindly shorting on the eve of the IDF when you knew Intel was going to polish their brass this week? Did you think they were just blowing smoke? There is much to be said pro and con about Rambus. But much that is being said against Rambus is coming from the very anti-Rambus patch, including an admitted paid basher. In all seriousness, to wish you well in your shorting would be an obvious outright lie because that would mean I would in effect be wishing myself a loss. I do feel that at this point in time you have made a bad investment decision. Very bad timing. But you are right, it could turn in your favor at the drop of a hat. I don't know how many shares you are shorting and I don't care. But remember your potential loss is greater that your potential gain if Rambus continues to climb and you don't cover. Covering a short when a stock is going up or selling a stock when it is going down is psychologically hard to do. Because when you do it, you are in effect saying to yourself, "I made a mistake." People don't like making mistakes because they don't like blaming themselves for the results. That's why they keep getting in deeper and deeper because the can't bite the bullet. Personally I think there will be many shorts covering early tomorrow. I hope you don't have a large short position.