Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 95.57

+0.7%

Nov 28 9:30 AM EST

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To: Zeev Hed who wrote (34071)	11/6/1999 7:55:00 PM
From: Jdaasoc	Read Replies (1) of 93625

Zeev: I was calculating how much shorts paid off on short loan when they got scared before on previous price runups to 90. The best they have done this year to pay down value of open short interest loan is $40 M. The current open interest balance is $ 576 M. So if they pay off $40 M there down to a balance of $ 536 M and stock price closes at 90 on next record date TUES NOV 9, the open short interest will be 5.96 M shares. I expect if stock price falls below 90 TUES there will be more than 5.96 M shares short. If stock price higher than 90 TUES less than 5.96 M shares short. john

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