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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 95.16+0.4%9:39 AM EST

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To: ekid who wrote (40107)4/17/2000 1:04:00 PM
From: Dave B  Read Replies (2) of 93625
 
ekid,

I agree that the options are deserved. I am however suspicious that the 4-1 split annoucement, and the 500$ target by MS were used to artificialy keep price above 200$ for the 30 dys period that will triger the options giveaway.

Interesting, I hadn't thought of it that way. I suppose it could be the case.

Stock splits are usually used to communicate confidence in the future so it could have been purely a "psychological" move. I doubt they'll still split (or at least not 4-1) if we don't recover some significant portion of the run-up. A $40 price would probably be too low "psychologically"-speaking.

As for Edelstone, he's always been a strong bull, and I think he just waited to see where the top was and let it retrench a little before moving the bar up.

BWDIK,

Dave
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