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


To: jim kelley who wrote (51780)8/29/2000 4:12:39 PM
From: IceShark  Respond to of 93625
 
It would make little sense to short this stock given the violent moves, defense by analysts at every down turn, and extended time period involved in sorting out the non-RDRAM patents. And puts are way too expensive, a mugs game on Rambo, and would require a major disaster to pay off these days. Unless the overall market melts, which is highly unlikely given the amount of cash the Fed pumps into the system every day, this stock will be range bound to up.

MU would be the far easier target of the two, but it has a huge amount of support from institutions and analysts. Neither is an attractive short.



To: jim kelley who wrote (51780)8/29/2000 5:09:50 PM
From: happy_henry  Read Replies (1) | Respond to of 93625
 
Re: jim kelley

This is not turning out to be a very promising stock to short! Looks like it may hit 81 or 82.

Do you think Happy Harry, Tucker and ICESHARK covered their shorts?


It's happy henry not Harry (not that I care, I just mention that to point out your untrustworthiness a bit). Iceshark is not (has not been) short. I don't know about Tucker. Saying "looks like it may hit 81 or 82" is just ridiculous FUD aimed at shorts, exposing your own uncertainty and/or discomfort with your long position.

And no I haven't covered. I'll most likely do so at around 65 like I said in my first post (http://www.siliconinvestor.com/readmsg.aspx?msgid=14231579) when I explained my short at 81.

As far as this "not turning out to be a very promising stock to short", we shall see. Typical FUDster short-sightedness. It's been a good short for me so far.

Best wishes,

Henry

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