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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 92.36-9.6%3:59 PM EST

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To: KeepItSimple who wrote (38516)3/20/2000 11:41:00 PM
From: Zeev Hed  Read Replies (2) of 93625
 
Keep it, this is deteriorating to a school yard contest like "who pees further", or "my brother is bigger than your brother". This stock will fluctuate, shorts are not stupid, longs are not stupid, at least as long as both recognize the risks in these markets and take necessary precautions.

The question that both longs and shorts should attempt to answer is the 30% retrenchment from the high a change in trend (unless, you still think that the last month or two have not seen an uptrend) which will persists, or is it just that, a correction.

Right now, I think it is still a correction and I wpould no be surprised to see strength coming back into the stock next week (the rest of this week is still a question mark, IMTO). Where from? If I knew I would have a GTC around there, but the only GTC I have is at $122, and that one has proven me quite wrong as a predictor of this stocks daily movements.

Zeev
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