Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 95.53

+0.7%

12:59 PM EST

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To: Orion who wrote (38807)	3/23/2000 3:11:00 PM
From: Zeev Hed	Read Replies (1) of 93625

Orion, you are confusing fundamental facts (or hoped for facts) with the technical behavior of a stock. Could it be that the run to $471 was in anticipation of tele wins? Then we have to assume that the decline to $240 was in anticipation of some negative news, I mentioned a number of such "potential" news in prior posts, so I will not bother the thread again, but right now, it seems that there is ample supply of stock in the $360 to $380 area to satisfy any demand these wins will bring. If by the time these announcement come we are once more under $300, a sizeable rally could be anticipated. The current price really anticipates sizeable earnings in the next few years. Zeev

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