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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.23-11.1%Dec 12 9:30 AM EST
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To: pompsander who wrote (47988)7/27/2000 7:08:32 PM
From: Zeev Hed  Read Replies (2) of 93625
 
Pomp, I would wait until the naz stabilizes. I could still see the gap to $59 closing and that will cause the formation of a very ominous double major top in the $110 or so area (the run to $124 was quite short lived). If the naz gets back to its May lows, the next major support after the $59 area could be as low as $45, IMHO. I hope we don't get hit that hard.

Zeev
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