Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 92.05

-9.9%

1:48 PM EST

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To: pompsander who wrote (44826)	6/17/2000 5:17:00 PM
From: Zeev Hed	Read Replies (1) of 93625

Pomp, I have the market going down for the next week to two weeks (probability high that the bottom will be either this Friday or sometime the following Wednesday). The NAZ bottoming this time at around 3400, well above the late may lows. After that, it is mostly rallying mode, 500 NAZ point up followed by 100 to 200 declines. I also "see" the DOW roaring to new highs before the end of the year and NAZ getting within shouting distance of its yearly highs. Except that many of the former leaders will not be in this party (the second tier I-net will be absent, maybe even going bankrupt). That means that those stock that participate (and I believe it will be a narrow advance of the indices with the majority of stocks not making new highs) will go much higher than the march highs (count on RMBS to be just under $180 by the time this is over). All this in preparation for a bear market not seen in 30 years in 2001. Few weeks back, I have given my rationale for this scenario here: Message 13483082 Zeev

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