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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: Zeev Hed who wrote (39045)3/29/2000 2:59:00 PM
From: Jdaasoc  Read Replies (1) of 93625
 
Zeev:
NDX tried to get above 4500 but fell back. RMBS did likewise at 310. The correction has one more purge to go before next leg up. I nibbled away a small amount of covered call leaps that I had. I would like to believe that RMBS will close above 320 but RMBS ANAD TQNT CREE and any other semiconductor hi flyers are still off 2-3 times what NDX is off by. This correction is targeted at these hi P/E issues. Street is buying large cap old economy stocks, MSFT on dead cat bounce and little of telcoms.

john
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