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


To: starpopper who wrote (6681)8/25/1998 10:15:00 PM
From: Gary Wisdom  Respond to of 93625
 
Rambus short interest decreased 32% this past month. Down to 1.7MM shares from 2.6MM.



To: starpopper who wrote (6681)8/25/1998 10:42:00 PM
From: Don Green  Respond to of 93625
 
Actually I bought Rmbs at $43-39-47 and sold it at $58 on it's big pop day, I then bought again at $52 and Sold at $63, and recently bought at $57 and sold at $66.0..

I am not trying to talk it down.?? Just explaining that short term trading can be very profitable in many stocks.

Regards
Don



To: starpopper who wrote (6681)8/25/1998 10:43:00 PM
From: Don Green  Read Replies (1) | Respond to of 93625
 
More concerns for the market....Applied Materials Inc. said it would eliminate 2,000 jobs, or about 15 percent of its work force, because of the downturn in the semiconductor industry. The news was released after the market had closed and Applied's shares had settled up 0.75 to 31.81. In after-hours trading, shares fell 1 point to 30.81.



To: starpopper who wrote (6681)8/26/1998 2:01:00 AM
From: LLCoolG  Read Replies (1) | Respond to of 93625
 
Starpopper,

I seem to remember you stating that Rambus would be $80 in a week about 2 months ago, on the initial burst from the 40's. Give us a break. If you are going to state such crud, at least make something up that would give a substantive reason behind your belief.

And to all folks who held through the runup without selling, my hat's off to you. I kept waiting for 50, got tempted at 54, but didn't pull the trigger. I'm still hoping for the 50-52 range to get back in, but somehow I get the feeling I'll be buying at higher levels than now within the next year to get back in. While momentum stocks usually make me scoff at people who gloat about them, this stock seems to have finally begun an ascent based on its technology and future market/applications. Good call.

Regards,

G