Rambus (RMBS) - Eagle or Penguin Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 94.82

+2.7%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pompsander who wrote (23913)	6/29/1999 1:19:00 PM
From: TigerPaw	Read Replies (1) of 93625

Is this news? Normally RMBS would be on the way to testing is old high near $110. This week is special in that there is a built in news factor - interest rates. Good news on that front would likely propel the stock signifigantly higher (since it's on a normal roll to 110 & there are nervous shorts). My guess is it will break through if there is a quarter point interest rate change and reasonable future comments, only to fall back to test the $110 (or even $90) range a week or two later. Then it's back up for awhile when product announcements get close. TP

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next