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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 90.19+2.8%3:59 PM EST

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To: Don Green who wrote (26731)8/9/1999 3:22:00 PM
From: MulhollandDrive  Read Replies (2) of 93625
 
Go back and check the chart relative to the analyst upgrade and the subsequent move and then the announcement that INTC would evaluate PC133 and the reaction.

Those events were the catalysts to the upside and downside and since that time RMBS has had "news" (much of which had been anticipated) released in an unfavorable market, thus little positive price movement.

I think RMBS needs some "new" news to spark another wave of buying. Also note that RMBS doesn't do well when it trades below the 50EMA.

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