Replies to post #7479 on Rambus (RMBS)

[smd1234]

Assume that no matter what good things happen to RMBS it will take the market a while to appreciate the significance of what has occurred. Mgmt at RMBS is ready to buy shares thanks to the 1/23 announcement.

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I have no idea what to think about this one ...
More downside then anytihng IMO, not to many will go long to hold at this level, plus the buyback program... they bought everything so far at 13 average, I dunno why they'd buy it up here... plus its just authorzation TO buy... it takes them years and years such as there last buy back which isn't complete...

whats ur opinion after todays activity... im short with some 36.17s and others but... just waiting for it to lose some support for a -5.00 fall... if it don't happen obviously it's gonna burst upward quickly.

[calbiker]

Re. I have no idea what to think about this one ..

I'll tell you what I think. That's a ballsy move to short rmbs now. Do you also jump off cliffs on a mountainbike? It looks great if you know what you're doing. HA.

I was considering selling 30% of my rmbs holdings. I also thought it would droop ~5 points due to:

1. profit taking after big run-up
2. we're in a no-news period that will prolong the droop
3. Hynix's current appeal

I haven't sold as I was first going to let the market test my hypothesis. Fact is, rmbs hasn't dropped any. My hypothesis is wrong. Share holders are now in a wait and see hold period. There's still a lot of up-side potential in the not so distant future. No one wants to give that up. The second phase of the Hynix trial is scheduled for March. There's a lot of pressure on Hynix to settle. And even if they don't, the odds are not in their favor to beat Rambus.

Where does that leave a short? I hope you have better justifications than given in your post. Hey, want to do some mountainbiking? Cal enjoys riding with guys that have ballsy moves. ;-)