Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 110.62

+2.7%

Nov 10 3:59 PM EST

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To: Steve Lee who wrote (37146)	2/15/2000 2:37:00 PM
From: Zeev Hed	Read Replies (1) of 93625

Steve, long ago I learned that "bears make it, bulls make it but pigs do not". I could not take the tension and more than $50 in one day, I am just out at $155 sharp. I'll be back once the stock tells me what is its new trading range, it could very well be higher than here. Gosh, what a trip. That is your answer to the "strategy" question. It is by no mean a "sell" signal on the stock and if Hitachi has come begging, I am out of luck. Few other reasons for bailing out, the volume today could approach 50% of all outstanding shares, typically prices do peak with peak volume. A lot of todays entries might be day traders that cannot be counted on for support. The smart bears probably covered and the very smart bears are probably going to start and short once a trading range is established. What a ride... Zeev

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