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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: Bilow who wrote (35723)12/9/1999 6:40:00 PM
From: Jdaasoc  Read Replies (3) of 93625
 
Bilow
Institutional buying increase form 6/30 to 9/30. I have the numbers in previous post. The total of top 10 institutions are over 10 M shares. Mostly shorted or sold out by now I would believe. The buying during the 3Q buyins by institutions was definitely from 9/28 to 9/30. The volume was high each day and price was flying up from low of 58 1/2.
I like to see where we bottom out at before I cast a net back into RMBS. I would guess the timeframe would be sometime near end of year if institutions want RMBS in their portfolios at year end. I would only start looking the week of DEC 27.

john
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