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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 91.25-4.2%3:59 PM EST

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To: Dave B who wrote (27479)8/23/1999 4:57:00 PM
From: MulhollandDrive  Read Replies (1) of 93625
 
Dave,

I don't think there is a hard, fast rule about this, but I like to see something on the order of at least double average volume to signal a breakout. You certainly know how RMBS can act (up or down) when we get over the 2M share level. I knew this morning that the volume looked anemic, but I thought it would be worth the risk on the chance we would see a big pick up end of day. It did pick up some, and it could pick up more steam tomorrow, but if not, I'm afraid it's back down for the near term. I forgot to ask Zeev what his stops were in case the rally fails......

bp

bp
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