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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: Don Green who wrote (36146)1/1/2000 11:49:00 PM
From: wily  Read Replies (1) of 93625
 
This year in RMBS:

I will place my bet based on the premise that the people who have been right so far will continue to be right.

Seems to me the one thing that Rambus still has going for it is Timna and Rambus stock price later in the year will be determined by how big a winner Timna is projected to be.

I expect RDRAM pricing and manufacturability to continue to be problematic and DDR to gain in the marketplace.

I can see that there may be a rally when Rambus computers start showing up in numbers and there's a lot of short-gasoline to feed that fire but it also needs the fuel of serious investors which may not happen. You also have present investors like John Hsu who will dampen the fire as they get out.

I figure the current downtrend line will be at about 83 around Feb 1 which is also about the time that the Rambus-is-shipping rally might occur, and 83 is also a point of resistance from a recent trading range. So if it breaks that point with high volume, it's probably good to 100 or more. I would judge by the volume. Otherwise, it's downhill from there.

High of 83 (around Feb 1)
Low of 35
Close at 40
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