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

To: KM who wrote (5008)	6/24/1998 11:01:00 AM
From: RetiredNow	Read Replies (1) \| Respond to of 93625

trufflette, are you going short? or just waiting for a re-entry point? I wouldn't go short because I'm not good at it, but I've heard others are beginning to do so.

To: KM who wrote (5008)	6/24/1998 5:17:00 PM
From: mauser96	Read Replies (1) \| Respond to of 93625

I also sold my Rambus for a very nice profit. The sharp rise is due to a typical short squeeze, which usually doesn't last long. Then the stock drifts down for a while (since the buying pressure was based on shorts covering) before fundamentals take hold. I won't short it, and expect to be able to get back in lower than I sold. If not, there are plenty of other stocks to buy and my profits in this one will help to pay for them. In the long roun Rambus will face competition. You can count on the fingers of one hand the number of important patents in high tech that have't been broken or somehow evaded eventually.