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


To: David Wang who wrote (2177)11/7/1997 9:10:00 AM
From: Boplicity  Read Replies (3) | Respond to of 93625
 
David, Getting down in to the 30s would be a dream come true for this investor, I hope it happens. If RMBS passes through 45ish we could very well get into the 30s. I bet we test the recent market adv. lows, history does point to a test of the recent lows. When one combines, AOL earnings, $1k PCs, employment numbers, world market down draft, Western Digital warning about earnings, we have the makings of a very bad market today. Today could be the beginning of the march to test the recent lows. Also, it's Friday, so if today is bad, monday should be bad too.

Greg



To: David Wang who wrote (2177)11/7/1997 9:13:00 AM
From: Guy E. Fleming  Read Replies (1) | Respond to of 93625
 
Sorry to put my 2 cents in but here's how I'm trying to approach Rambus.

1. I was lucky and bought at 50 and sold in the low 80's. Ironically, I was unhappy being out of the stock afterwards so bought some again when it retraced the low 50's.

2. I'll hold on to this "starter" position and will add to it occasionally by dollar cost averaging on the way up or down.

3. Rambus is way too volatile to guess about. Some people are comfortable trading it; I'm really not. It's future and potential seem boundless. If you accept that premise, buy in bits over time and the anxiety is lessened, IMO.