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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Murrey Walker who wrote (56849)1/29/2003 3:28:42 PM
From: im a survivor  Read Replies (2) | Respond to of 65232
 
Haven't popped in here for awhile......hope everybody has been well....I saw a huge move in RMBS today, due to a favorbale court ruling, and it made me think of "the porchers"....anybody here still in RMBS? I've been out of it for a looooong time...there was just too much FUD for me to mess with.....anyway, was just wondering if anybody over here was still in rmbs, or was smart enough to buy near it's low....

Best to all......Keith



To: Murrey Walker who wrote (56849)1/29/2003 4:43:35 PM
From: Dealer  Read Replies (1) | Respond to of 65232
 
Hiya Murrey.....Remember RMBS....?? Up 56% today.

Rambus Roars After Favorable Court Ruling

By K.C. Swanson
Staff Reporter
01/29/2003 04:35 PM EST
Click here for more stories by K.C. Swanson

Shares of Rambus (RMBS:Nasdaq - news - commentary - research - analysis) soared by more than 50% Wednesday on news the company has received a favorable ruling in a patent case.

The stock jumped after a federal appeals court ruled that Rambus had not committed fraud in a dispute involving memory maker Infineon (IFX:NYSE - news - commentary - research - analysis), reversing the ruling of a lower court, according to a Reuters report.


The appellate court also revived Rambus' patent infringement claim against Infineon. The court requested that the case be heard again in a lower court, using parameters likely to bolster Rambus' case.

Shortly before the closing bell, shares of Rambus had leaped $3.83, up 52% to $11.27. Infineon dropped 7 cents, or 1%, to $7.23.

Hope all is well with you.

dealie



To: Murrey Walker who wrote (56849)1/30/2003 12:46:18 PM
From: RR  Respond to of 65232
 
Murrey, for long term, I still believe in dollar cost averaging along the way. Little here and little there over time.

Works good for me.

Still watching JNJ, especially the weekly chart.

RR