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

To: fred woodall who wrote (2528)	11/28/1997 10:01:00 PM
From: LoLoLoLita	Respond to of 93625

Fred, I can wait it out till the big selling starts--hopefully next year so I don't have to pay the taxman this year. My collateral in case it goes back over 59 is a bunch of high-yield bond funds I'm holding long-term for income. There's no margin interest or dividend for me to pay on the borrowed shares, so it's not costing me anything except the oppurtunity to short other stocks. It really was the 4-year forward earnings and that huge jump last week that made me feel it's the safest trade I've ever made. 4 years ahead! NOBODY can estimate IBM, T, or GM two years ahead--while this is just a 2-bit (9 cents)IPO. Those 10K blocks could just be the MMs trading back shares with each other to fool you. Like I said, I have no respect for that particular outfit big on tech stocks. David