Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 91.18

-4.3%

3:59 PM EST

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To: MileHigh who wrote (22859)	6/17/1999 9:03:00 PM
From: TST	Read Replies (1) of 93625

As you know we have 2 favorite stocks: Rambus (Nasdaq: RMBS) Medix (Nasdaq BB: MDIX) Rambus was up $ 9.00 (10%) today and closed at $ 95.5. We think there's two main reasons for this: a. The infrastructure that will make Rambus RDRAM's a standard is 99% there and so is the industry support. Combine this with the date of deployment now being within weeks. b. A huge number of shorts (about 6.5M shares at last count) will have to cover if the good news continue. Today's volume of 1.9M shares probably had 1M shares that were covered shorts. There's still a large number of shorts out there and we believe the VERY soon will run to cover. The effect of that could easily move the stock up another $ 25.00 or about 20%. Our strategy is still to hold this stock as we firmly believe RMBS will be at a $ 400 stock in 2001. Medix has been fairly flat lately and we believe that is a buying opportunity. It has build a solid base in the $ 0.50 - 0.60 range. A new impressive COO/CTO has been hired and we believe that is just one of many steps that will lead this stock to new highs. This stock can move very quickly if solid positive news are released. Our 1999 month target remains at $ 4.00 but we might have to revise that upwards if news that will attract institutional investors are released. Please, as always, trade at your own risk. Remember that buying stocks could lead to the loss of your entire investment. This is especially true for penny stocks like MDIX - but we believe MDIX has an explosive potential upside. ---------------------------------------------------------------------------------- Rolv E. Heggenhougen McKenzie & Webster Limited $TOCKSandMONEY.com Enterprise Technology Corp. ETC Support, Inc. snaf.com SoftwarePort.com

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