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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.82+2.7%3:59 PM EST

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To: Don Green who wrote (22692)6/16/1999 7:54:00 PM
From: Zeev Hed  Read Replies (1) of 93625
 
Don, putting 10% in the s&p over a period is not that crazy, I doubt that is the signal of a top. Japan still not being able to get on its feet is however something to worry about. Personally, I think that today was a necessary relief rally, I would have been happier with few days of extremely negative tick as a bottom. We never got this, so I am remaining cautious on the market (and particularly the I-net sector), but the SOX (including RMBS) appears to be now a safer segment of the market, particularly in view of INTC frolicking activity today.

Zeev

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