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

To: Bilow who wrote (67084)	3/5/2001 11:00:50 AM
From: multicollinearity	Read Replies (2) \| Respond to of 93625

Bilow: <Hi ekid; Re: "most of us already have a <0 cost for our shares." This example of magical thinking ...> Carl, I don't know why you are perplexed by Ekid's negative cost basis for his Rambus shares. I think it may be that you assume all Rambus investors buy and hold. Since its IPO in May, '97, I have made 120 trades in the stock, and with the realized gains my current position of 4,414 shares have a net cost basis of negative $22.83. I am sure that there are many other Rambus investors with similar situations. Multico

To: Bilow who wrote (67084)	3/5/2001 4:18:16 PM
From: ekid	Read Replies (1) \| Respond to of 93625

Carl, Multico and others already answered you. I will only add this: Re IRS, I don't file and don't pay capital gains taxes. Can you imagine how life would be if you didn't have to file all these 2.8$ trades ? Bwahahahaha Re being a kid, I confess I only started real investing in 1997, so I am a kid in this regard. I was lucky enough to be in Dell, CMGi and Rmbs at the right time, and although I'm down from my all time high, I today have in the market 15 time what I started with in 1997, and I can retire whenever I choose to. Not bad for a kid, don't you think ?