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

To: Alan Hume who wrote (15141)	2/5/1999 3:02:00 PM
From: MileHigh	Read Replies (1) \| Respond to of 93625

Alan, Because no one "knows" RMBS is going to $55- why try and pick the bottom and possibly get left in the dust. Also, IF one is a LT investor, why try and scalp 5 or 10 points when 5 years from now it will not mean a hill of beans in total return. JMTC's MileHigh

To: Alan Hume who wrote (15141)	2/5/1999 8:13:00 PM
From: RetiredNow	Read Replies (3) \| Respond to of 93625

Sounds crazy, I know, but it works. Actually, what I do is this. I do indeed believe we have hit the bottom at $75. That is why I bought here. But from experience, I know that I suck at market timing, so it is possible that RMBS may go lower. For instance, a general selloff might do the trick, etc. So if it does go lower, I will buy more. It does sound crazy, but that is how I have amassed a bundle of Cisco shares. Now I am doing the same thing for Rambus shares. Let me give you an example. Last time Rambus plunged (can't remember exactly when) we went from $70 to around $40, before it rebounded. Well, when it hit $55, I thought we had hit the bottom, so I bought some shares. Then when it went down to $45 I bought more. Now I am sitting pretty. I intend to do the same thing from here on out. It's a nice way to accumulate, if you aren't an MTM. Good luck to you.