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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 92.36-9.6%Nov 13 3:59 PM EST

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To: Jerry Miller who wrote (53224)9/13/2000 12:00:28 PM
From: Zeev Hed  Read Replies (1) of 93625
 
I do not think it is "tax selling" related, it is simply a retrenchment from the run to the mid 4200 on the Naz, and I think it may continue for another day or two before the market turns around. Late last months, I suggested on Steve's thread that the first two weeks in September will be difficult, and lead to a least a test of 3930, well, this test failed, but console yourself, my "worst case scenario" is not too far at 3550 on the Naz.

I for one, am disappointed the Bu$$ did not hold the early day low at $82, and bailed out as soon st it breached it, a loss of $1/share, and it comes under the "class" of "Capital preservation".

Zeev

irrevolute.iuma.com
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