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: Don Green who wrote (20911)	5/27/1999 12:32:00 AM
From: jmanvegas	Read Replies (1) \| Respond to of 93625

Don - yes I did after the Edelstone downgrade. And I made good money holding RMBS for about 2 months in my position accounts - not 10 minutes. Felt there was technical damage done to RMBS at that time. I have never sold any RMBS sitting in my retirement account and I stated that numerous times. In hindsight RMBS went even lower than I thought. The technicals have currently and dramatically changed to the upside. I know the naysayers concerning tea leaf reading. That one day spike was extremely significant for RMBS. Sure, on a short-term basis it got overextended when it ran to $89. And it could very well be likely that it will test the breakout point of that spike move. But the trends have turned up, DMAs have turned up, momentum is up, and a somewhat large short position (we don't know the exact amount as of today) in the face of increasing institutional ownership has me thinking that RDRAM is "coming to a theater near you." It's right around the corner. I smell it - I taste it - I sense it. And Don, there ain't nothing you can do to stop it. And therefore, $147+/share in one year is absolutely, emphatically, within extremely reasonable reach unless the world blows up. And then who gives a sh*t about anything. You're not a doomsayer, are you? jmanvegas