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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 87.63-3.9%3:59 PM EST

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To: jetcityrandy who wrote (42479)5/18/2000 9:14:00 AM
From: Zeev Hed  Read Replies (1) of 93625
 
Right now the turnips are "confused" they have a neutral position in the market with a possible retest of the April lows, if and only if we do not hold 3600 on the Naz (closing basis). That scenario is becoming less probable right now, and with it the scenario of extremely cheap RMBS stock. But, this mercurial market still has surprises in it, so , IMTO, keep some powder dry for sub $150 RMBS stuff. If we break above $217, I will be jumping in.

Zeev
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