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


To: REH who wrote (13532)1/15/1999 8:57:00 AM
From: starpopper  Read Replies (2) | Respond to of 93625
 
COME TO ME BABY! Kernan just finished slamming RMBS...states that there is an ask of $76 currently.

It sure was painful watching RMBS take off after taking some profits in the mid-high 60's, but I always knew I would get another chance at entering this puppy at least at my exit price and probably lower.

This announcement isn't anything new as some have pointed out. We knew earnings wouldn't really kick in till late '99. However, with all the newbies around here (stock rockets from $60 to $110 in 2 months and daily posts to thread go from 10's to 100's) we may have some major turbulence ahead of us as these guys cover their asses! The shorts are salivating but they don't dare make a run on this stockrocket for fear of what they thought was a dud blowing up in their faces!

I've placed my first order establishing my third position at a strike of $65, and stand ready to "load the boat" below $58! Today is a terrible day for this news to hit because of the financial chaos in Brazil...Monday may turn out to be worse across the board!!!

Sounds like another buying opportunity is presenting itself!

$tarpopper

PS. RMBS $20-30 haircut now will seem irrelevant in comparison to my new revised target price of $200 by the end of 1999 and $350 by 2001!!!