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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 101.61+2.8%Dec 5 9:30 AM EST

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To: Jdaasoc who wrote (26482)8/5/1999 12:23:00 PM
From: Don Green  Read Replies (2) of 93625
 
Jdaasoc

> now that we have tested 70's it is up and away for RMBS.

Don't be too quick to determine that. I admit is was an impressive move, but volume on that move wasn't so great in relative terms.

Rambus basically followed the rest of the market on that move. Which is exactly my point / concern. I don't think anything has changed, maybe we are only in the EYE of the storm!

A lot of distribution taking place. The day and month are both young.

P.S. As for Summers, I think his test is yet to come, most likely with the Dollar / Yen. Watching currencies very closely, Summers ain't no Rubin!

Regards
Don
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