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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 95.26+3.1%Nov 14 9:30 AM EST

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To: Don Green who wrote (36657)1/19/2000 3:23:00 PM
From: Don Green  Read Replies (1) of 93625
 
Rambus Mexican Standoff

It appears due to the LARGE level of shorts in this stock and (the small float) along with the long-term "Investors" determination not to sell no matter what, the only thing this stock can do is spin it's tires. It has become a day traders stock and little else.

The time element, Just batten down the hatches and hunker down is the best defense for the Longs, because most shorts will grow tired of waiting for a complete collapse of Rambus to the 40's-50's or lower and move on. Their Margin interest position works against them.

I think their only hope near term is for a long overdue major correction in this HIGHLY overvalued Nasdaq. But since few who are long will sell, Rambus might even hold up in a real tumble.

JMHO

Don
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