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

To: MileHigh who wrote (15619)	2/15/1999 8:18:00 PM
From: Gary Wisdom	Read Replies (1) \| Respond to of 93625

Milehigh, the minute you get complacent about your money, you'll be giving it away, albeit reluctantly. I am always concerned about Rambus. There is absolutely no question in my mind that the following are true: 1. Rambus has a great future. However, it is vulnerable in the near term to wild fluctuations. At least until they start realizing revenues from the royalties on the RDRAM. 2. While us little guys care a great deal about these 40 point haircuts, it obviously is the case that the big shareholders do not and see these as terrific buying opps. They are loving this pullback and I am convinced they are buying here. However, there is no reason for them to drive the price up, as there always seem to be willing sellers of Rambus at any price. Very weak hands here. 3. Rambus has always, and will continue to be in the near term, a very thin stock. Very easy to buy, but very difficult to sell. Thus, I am not overly concerned right now as I have no plans on selling anytime soon. Hang in there. If you have too much stock, sell some now. But keep some in your portfolio, no matter how little. Rambus' time is near. The ramp up is beginning, no matter what the naysayers may say. Good luck.

To: MileHigh who wrote (15619)	2/15/1999 8:48:00 PM
From: jmanvegas	Read Replies (1) \| Respond to of 93625

MH: I agree with your concerns but I've been scaling in around the low 70's, even picked some off at 70 7/8. If it goes into the 60's and wants to test its 200 DMA, that's okay with me - I'll buy more. RMBS is very oversold by all TA indicators - that doesn't mean it can't go lower but what the hell, it's only money and we can't take it with us. Just got back from the beaches of California - watched the incredible sunsets, ate lobster, etc. - can't get any better than that. I was thinking while drinking a margarita on the beach that progress in technology ain't gonna stop and if you got the right companies, you're gonna make money in the long run and I don't give a damn what the overly concerned pundits think. Not that you're one of them - I share your concerns. This is a new world and those that aren't on the technology gravy train are gonna be left behind financially. I hope stocks like CSCO, SUNW, RMBS, etc. continue to drop because the ANALysts out there believe that money should spread into cyclical crap, etc. for the markets to be healthy. Money is going to flow into companies that can show expanded compound growth and RMBS is one of them because INTC's overwhelming global influence and power is going to make it happen. IBM, AMD - who cares - they're not running the show. At what price to buy, whether low 70's, 60's, or even 50's if things get really crazy will be a short-term aberration (couple of months at the most)for RMBS. I betcha in the long run the longs make money and the shorts get killed. Good luck to you. Stay patient - technological barriers will be overcome. As an aside, how many people bought P90's, P100's, P133's, etc. (everyone that I know of) - planned obsolescence is what I call it. Those machines are ready for the museum. RMBS lite, RMBS regular, - in a few years both RMBS lite and RMBS regular will be in the museum along with a P90. RMBS will be on to its next generation of speed DRAMs. These guys in Silicon Valley sure know how to make money off the public. jmanvegas