Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 94.82

+2.7%

Nov 26 3:59 PM EST

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To: Ian Anderson who wrote (34009)	11/5/1999 2:49:00 PM
From: Zeev Hed	Read Replies (2) of 93625

Ian, as for exit strategy, I solved this by selling at $91.5, $92 to 93 started to look like a brick wall, and I would rather wait and see how well we are going to handle the $87 to $88 area. I will probably will have to jump back on above $93, but on the other hand, I might be able to get back on under $90. We have had a solid 50% run from the bottom, and a solid retracement to the low $80 would not be unusual. The main upward momentum is dissipating. Zeev PS, I just looked at Island and I see we are drifting under $90, that might be an indication of at least at test of the $87/$88 area. I might have to jump back in if that holds.

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