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

To: jopawa who wrote (6977)	9/4/1998 11:19:00 PM
From: Gary Wisdom	Read Replies (2) \| Respond to of 93625

John, you are missing the point. Sure, no one "with a brain" thought that the Fed would tighten anytime soon. But, what Greenspan told the market today was that they gave up on this long ago, indicating that the inflation hawks in the Fed are dead, increasing the chances that they might ease soon. In regard to the "other forces", IMHO, this is the buying opportunity of the century. While not being aggressive buying, I am scooping up shares of great companies at bargain prices. The market always overreacts to everything, both on the upside and the downside. August is over and everyone's back to work on Monday. $6B came into the market this week. It ain't staying on the sidelines for long. The hedgies had their chance this week to scare the bejesus out of everyone. It didn't work. Everyone thought the market would collapse today as everyone would be too scared to hold over the weekend. Well, guess what? Everyone was wrong. The only thing I regret is that Rambus was so strong today that it wouldn't even go down a buck. Glad I still have my shares. Wanted to buy more at lower prices.