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


To: pompsander who wrote (20662)5/23/1999 11:04:00 AM
From: jmanvegas  Respond to of 93625
 
I had orders already in place at 83 7/8 and 82 13/16 and picked up more shares on Friday when that dip occurred. Did you notice the spread between bid and ask at that time. Pretty unusual for RMBS. The smarts ran the price down and picked up more shares "on the cheap" (now cheap being the low 80's). In hindsight now, RMBS going back to the 70's or 60's would be really, really cheap. We will see the 90's shortly and then test the old 109 high before you know it IMO. We are on our way to 150/share by the fall assuming interest rates don't get out of hand and there are no body bags coming out of a Kosovo/Serbian ground war. Good luck to all.

jmanvegas