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Technology Stocks : RAMBUS (Nasdaq: RMBS) - THE EAGLE
RMBS 115.18-7.7%Jan 23 9:30 AM EST

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To: Don Green who wrote (156)12/4/1999 4:26:00 PM
From: Zeev Hed   of 2039
 
Don, I meant the $15 earnings three years hence... As for the long term support just under $50, yes it may hold, but on the other hand if $66 is breached (the most recent support), and that happens during a minimelt in the SOX (around February?), a lot of people might throw in the towel. We have not seen much distress selling due to margins, mostly because the rest of the market (one for the Turnips and the liquidity thesis) unusual strength, but there will be a price at which exhaustion will set in.

Zeev
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