Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Long Term Investors' Outpost -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (550)	2/8/2003 9:38:52 AM
From: alanrs	Read Replies (1) \| Respond to of 562

Rambus, huh. For a week? I think last week would have been better. Of course, but oh well. I've owned my 100 "marker" shares of RMBS for a number of years (at $18.092), and have followed the legal hoo-ha with some interest. I was home when the appeals court ruling was announced last week, and did a little daytrading for lunch money in the $11-$13 range, but didn't have much confidence at that point. Without a technical or patent law background, the RMBS food fight thread, while sometimes entertaining, isn't very useful, so I waited until I had read the actual ruling in its entirety before jumping in. We shall see. My intention is to sell calls against some of the position to cover the interest, and in fact have also done that this week (both sold them and bought them back). I'm sure a case could be made for buying LEAPS instead of stock, but selling options has worked so well for me that I have an irrational aversion to buying them. So now I will find out how I mentally handle margin-a bigger issue in my mind than the future of this particular company. Regards ARS

To: Uncle Frank who wrote (550)	2/8/2003 12:36:53 PM
From: RMP	Read Replies (1) \| Respond to of 562

>>It's a great place to talk to yourself…At least there aren't any bears to taunt you here I guess the thread heading “Long Term Investors' Outpost” is enough to keep people away. Over the past few years this has been the least successful investment modality. At some point in time the pendulum will once again favor the buy and hold strategy. For the long term portion of my portfolio I hope this happens before I depart this world.