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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 88.13+1.0%Nov 21 9:30 AM EST

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To: Logain Ablar who wrote (32334)10/19/1999 4:53:00 PM
From: Zeev Hed  Read Replies (2) of 93625
 
Tim, I do not disagree with you. If we fail to hold $59 or so, the next support could develop at $51, but frankly, I would not rule out a complete collapse of the stock to the mid $20' as I have suggested more than a month ago. It is now very dangerous and that is why I stayed out from the mini rally from $59 to about $73. You could get caught up in a a $10 down gap opening here. I am quite happy staying on the sidelines for now. By the way, if the $59/$61 support holds, then we still may have the potential of achieving $122 before year end, thus, I am watching the behavior around here closely.

Zeev

Zeev
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