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


To: Zeev Hed who wrote (56957)10/8/2000 5:41:24 PM
From: Earlie  Respond to of 93625
 
Zeev:

Essentially I agree with you. In this environment, money flows from the tarnished (stocks) to the untarnished. So far, RMBS hasn't really taken any serious torpedoes, but the risk/reward ratio favours playing it from the short side from my perspective.

So far, RMBS has been kind to me this year. I did duck out quickly when they started the short squeeze, but rejoined the game shortly thereafter.

I do agree with you that we get a bounce this coming week. (I've been bleeding put/short positions for several days)

I stayed with Rambo and two other untarnished types over the weekend on the basis that if a real waterfall commences in the next day or two, then they will carve up these mo-mo stocks along the way. If the market even hints at a rally (which is what I expect), I'm gone. (g)

Best, Earlie