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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 90.31+3.0%3:58 PM EST

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To: Zeev Hed who wrote (37059)2/14/2000 2:54:00 PM
From: Steve Lee  Read Replies (3) of 93625
 
Well, I'd say from my chart reading that we have topped - but I said that before<g>. Awesome power for those ten points since I sold the calls at about 104/105.

A lot of supply at 115+ is coming in but with this strength who knows? I'm gonna hold the stock I just got at 114 1/8 and will buy calls on either a retracement or a breakout above all time high. I think if we do break the high then the strength of the ensuing rally will be enormous.

There must be some news behind today's move.
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