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

To: Don Green who wrote (12671)	1/8/1999 9:24:00 PM
From: MileHigh	Respond to of 93625

Don, I respect your knowledge of the market, really, but you know that when a fund or institution buys RMBS it does not technically reduce the float. These are still considered available shares outstanding. Now, if you mean to imply that when a fund buys stock and sits on it then there are less tradeable shares on a daily basis, then you are right, assuming they sit on the shares. But the float is those shares of a corporation that are outstanding and available for trading buy the public. Thus, the fund can sell those shares at anytime without need of any disclosure... If I am wrong please help me. Regards, MileHigh

To: Don Green who wrote (12671)	1/8/1999 9:28:00 PM
From: Rosemary	Read Replies (1) \| Respond to of 93625

Don, It says 8 million shares being held, but that isn't including the founders shares and other insiders. Then there's the Beneficial holders not being counted. Another 2.5 or so. I'll say in total there are 15M shares being closely held? I wish I could post the insiders holdings, and founders shares from Stocksmartpro. But that darn copyright stuff. They'll give you a two week or one month free subscription, so you'll be able to see what I mean about that long list of insiders shares.