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


To: wily who wrote (7811)10/2/1998 10:53:00 PM
From: TigerPaw  Read Replies (1) | Respond to of 93625
 
Rambus has been very good to me.

I want to go long on Rambus, I really do. The problem is it is just the perfect stock to go in and out of. It has relatively few outstanding shares and a definite upward bias. That means it is prone to surges in price, but even if you guess wrong you just have to wait awhile for the price to catch up with your purchase.

I keep buying shares for the last time, then some pseudo-short squeeze sends it into orbit, so I sell and then it lands back, a few dollars higher than the last purchase into my portfolio.

This company not only has a great future, it has a great present.
TP



To: wily who wrote (7811)10/2/1998 11:30:00 PM
From: Gary Wisdom  Read Replies (3) | Respond to of 93625
 
Wily, that squirrel Manley is a moron. Of course he pushes bonds. That's what Salomon Brothers sells. He said that he's been in bonds 15 years. He didn't say how they've underperformed stocks during that period of time, did he? Did you catch how Eddie Brown said Carnival Cruise Lines went down today because one broker downgraded it saying that "if" there was a recession, less people would take cruises. Well, that broker was Salomon. They obviously wanted to buy more Carnival at cheaper prices. That's okay. I did too. <ggg>

Always, always consider the source when you hear things. BTW, that babe Liz Ann, is in mostly cash. Of course she's a bear. She wants prices lower to buy.