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 90.19

+2.8%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Don Green who wrote (30581)	9/24/1999 9:35:00 PM
From: Zeev Hed	Read Replies (1) of 93625

Don, RMBS can double in a month. A "possible scenario" could be a continued decline to about October 5th to October 8th, ample time to set a bottom at my target of about $61, and then a first rally attempt to the low $70' and decline back to retest the low and set a nice double bottom, by, let say, October 15th to the 22th, leaving us two to two and half months to make back all the recent losses and then some. So, it is not impossible, we did this trip once before this year on about the same time schedule. Of course, if this contraction in the general markets starts and evolve into a bear market, all PE's will contract markedly and thus RMBS will have a much harder time. Remember Don, you are the one that taught us to "never say never". Zeev

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next