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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.69-0.8%Dec 16 3:59 PM EST

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To: Don Green who wrote (31612)10/5/1999 4:19:00 PM
From: pompsander  Read Replies (2) of 93625
 
Don, like you I don't believe in coincidences. If the volume had started huge and then cooled for the rest of the day, maybe we could say it was some form of rumor or comment which triggered it, but that it played out.

Instead, the volume began huge, then cooled. Everyone on the Street was on the phone trying to trace down the reason for the bump. Whatever they found out, or surmised, gave them enough comfort for some mid day buying at current levels, then things drifted a bit, but 4.2 million shares is nothing to sneeze at.

I would believe from this pattern there is some kind of imminent news...interesting no one here has any clue. Of course if they did, they would be buying and not talking to us (at least until after finishing their buy).
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