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

To: Ibexx who wrote (2390)	11/20/1997 10:05:00 PM
From: Ibexx	Respond to of 93625

Thread, RMBS up slightly in after hours trading: quote.com Ibexx

To: Ibexx who wrote (2390)	11/20/1997 10:37:00 PM
From: KM	Read Replies (1) \| Respond to of 93625

Ibexx << let the penny traders bail out for a few bucks>> If you daytraded a 2000 share lot (the size I usually do) and just caught 12 or so points of the move, you made enough to buy a pretty nice car. Nonetheless, your point is well taken.

To: Ibexx who wrote (2390)	11/21/1997 12:27:00 AM
From: Marc Schiler	Read Replies (2) \| Respond to of 93625

Ibexx, Thanks again for your long term analysis; it's probably what H & Q used, or something similar. I've got to comment on the day trading strategy, though. I hold some long term stocks and then trade in them as well. I theorize that if I get caught in one, I feel more comfortable about riding it out instead of selling at a loss. Thus I just happened to be sitting on some RMBS this morning hoping to make two or three points. I had to go teach a class, and when I returned, I thought my portfolio summary had an error in it! I rode the trading position until the end of the day and then took my profit. I will be sniffing around to get back in. Of course, you may be right in that I may miss the rest of the ride, but I am a happy camper for the moment, that's for sure. It makes up for some of the investments in I made in the energy sector, which were supposed to diversify my portfolio and reduce my risk. Regards, MS

To: Ibexx who wrote (2390)	11/21/1997 12:46:00 AM
From: RetiredNow	Read Replies (2) \| Respond to of 93625

Ibexx, I've had a long hiatus from this board, but I remember back at the beginning of this thread when you were pushing Rambus and you and I traded ideas a couple of times. I must say you turned out to be correct and I goofed back then. I watched it go up from the IPO to dizzying heights and promised myself I would buy when it dropped below $50 again. And I have - twice. Now I'm long. I still don't believe even the most conservative of estimates for revenues. But when I take those estimates and halve them, I'm still excited. So that's good enough for me. Good skill (I hate luck, it's so finicky).