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

To: CarlY who wrote (14122)	1/23/1999 9:49:00 PM
From: Bernard Super	Respond to of 93625

CarlY - I did just that. Before Jan 14, I felt that the competent Rambus management had the capability of controlling earnings through the allocation of the cash hoard from license deals, that they list as a liability on their balance sheet. And at the same time they had no incentive to fuel yet more premature runups in the stock price, leading to periodic crashes. I therefore guessed that they would come out exactly at concensus estimates (as I posted at the time). I sold half my RMBS holdings and converted to an equivalent no. of shares in LIXARs and ZIXARs (at that time the price of ZIXAR 90's was in the mid-40's!!), freeing up cash for shorter term investments (or should I say - speculations!). Regards - Bernard