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Technology Stocks : RAMBUS: Time to Short RMBS?
RMBS 105.71+2.8%Nov 3 3:59 PM EST

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To: KM who wrote (40)9/22/1997 1:48:00 PM
From: John Wallner   of 58
 
Regarding their scheduled show and tell: That doesn't surprise me. I expect a push to find buyers for RMBS prior to the end of the 180 day lockup in November (I think.) Sometimes underwriters do that -- shore up demand for their stock in anticipation of a dilution of the float. Their efforts should produce a rise in the stock price -- but I think the stock will then start to fall again.

Sincerely,
John Wallner
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