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

To: blake_paterson who wrote (63785)	1/5/2001 8:35:25 PM
From: richard surckla	Read Replies (2) \| Respond to of 93625

blake, true, however he could have reduced his holdings over the last few years if he wanted to. If he thought Rambus was a fraud and had nothing to offer, that's exactly what he would have done. With his continued support of RDRAM products we have to assume he still has a stake. If that assumption is correct then we still have the mystery question as to "why" in my previous post. PS You seem to be on a roll tonight!<G>

To: blake_paterson who wrote (63785)	1/6/2001 5:49:14 AM
From: Bilow	Read Replies (2) \| Respond to of 93625

Hi blake_paterson; Re: "Why would he put his own money at risk if he thought it scked." It takes the big guys just about as long as the little guys to figure out something isn't working. No human likes to admit he was wrong, so they go on believing what they want to believe until the facts are forced upon them. Here are some great examples of CEOs that were forced into margin call situations by holding too much of their own stock: April 19, 2000 CEO of INOD gets margin call on INOD stock holdings. Oct 6, 2000 CEO of WCOM gets $78 Million margin call on WCOM stock holdings. Nov 16, 2000: CEO of PSIX gets margin call on PSINet stock holdings. Note that the above examples are not all the cases of where management went down with the ship, they are just examples of where it became public knowledge that management took out so much loans that they defaulted on their margin agreements, and* it became embarrassing public knowledge. -- Carl