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Politics : Idea Of The Day

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To: Al Serrao who wrote (27100)	6/21/1999 6:58:00 AM
From: IQBAL LATIF	Read Replies (1) of 50167

Al for your eyes only..fwiw Buy Alert! RAMBUS INC (RMBS) Nasdaq Report No. 812 Analysis by: Harry Aloof JUNE 18, 1999 RAMBUS INC (RMBS-Nasdaq): Technical Viewpoint: From a low of $51 1/2 on Apr 23, 1999 prices rallied, reaching a high of $89.00 on Jun 20, 1999. A decline saw prices pull back, reaching a low of $66 5/8 on Jun 1, 1999. Another rally saw prices penetrate resistance line "A", closing 6/17/99 at $95 1/2. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on May 12, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $80.00. Resistance: Is at $102.00. Point & Figure: Reversed to the upside on Jun 16, 1999. A P&F downside reversal takes place at $92.00. Summary: Technical indicators have turned bullish. BUY! RAMBUS INC (RMBS-Nasdaq) @ $96 1/8 Stop: Use a protective stop of $93 1/4. RAMBUS INC is currently trading @ $95 1/2 plus $9.00 on Jun 17, 1999. Price Objective: $136.00. Risk/Reward: $2 7/8 VS. $39 7/8. Today's Risk Reward Ratio: 14:1 Price Objective: $136.00 Risk/Reward: $2 7/8 VS. $39 7/8 Risk/Reward Ratio: 14:1

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