Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Alan Hume who wrote (15126)	2/5/1999 2:30:00 PM
From: RetiredNow	Read Replies (1) \| Respond to of 93625

Well, for me it makes sense to buy now. The way I work is that I buy when a stock is down 30% from its high. Then I continue to buy in $5-10 decrements, until there is a clear reversal. In this way, I don't miss out on a good buy due to my lack of market timing abilities. Sometimes I don't get as much as I want, but I usually get some, which is better than nothing. So if you feel you are really good at timing things, then you may be right. For you it might make more sense to wait and buy at a lower price. But I will tell you that doing what I have been doing has made it possible for me to have shares that were purchased in the $40-45 range. So now I am in an extremely good position no matter what this stock does short term. Good luck to you!