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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 104.71+0.6%Dec 9 3:59 PM EST

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To: Manx who wrote (2256)11/12/1997 9:01:00 PM
From: Boplicity  Read Replies (2) of 93625
 
<<What (fundemental & technical indicators) has changed during the last six months that would prevent the price of RMBS fall to low 30s or high 20s? >>

Fundamentally there has been nothing but good news. Technically, RMBS is going down with the rest of the market. So to ans. your ?? a market turn around is the only action that will stop this drop. I for one wouldn't buy RMBS till the market averages test their recent lows. That's me though, I am playing the fools game of trying to buy the bottom, if your long term oriented, any where in the 30s, or for that matter 40s, should pay off handsomely down the road.

Greg
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