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


To: unclewest who wrote (19966)5/11/1999 8:26:00 PM
From: Don Green  Read Replies (2) | Respond to of 93625
 
Unclewest

I guess you don't get the point. If I was a LONGTERM holder like many say they are, they have never made a dime on Rambus, just watch it go up and down and never take a profit. If I had done the same since the high 30's I would also be all green on my shares. But I prefer to trade Rambus take my profits usually 5 points at a time and wait for the next tumble..and buy in again and for a long time it was quite easy. I have enough respect for Rambus not to short it..

Now I prefer to let"THE MARKET" decide where Rambus will bottom.. I am not so sure that has been determined.. You must remember Rambus has tumbled all on it's own. Now lets throw a major market tumble on top of it and lets see where Rambus settles, then I will be a buyer.
Worse case I will be in around 74...

Until then I enjoy listening to the technical reasons why Rambus can't miss and let everyone sing the same tune..

Regards
don