Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 91.18

-4.3%

3:59 PM EST

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To: dejavu who wrote (61660)	11/22/2000 2:12:01 PM
From: Estephen	Read Replies (1) of 93625

"Anybody else concerned about the steep drop today? RMBS down 9 %, NASDAQ down only 0.15 %. " No I'm not concerned. Actually rambus is holding up good and tracking the nasdaq nicely. The Nasdaq is now at 2800 which is where it should be considering reaction to slow growth, oil prices and the election. It actually could be over sold by 250 points (nas 3050) if your of the school that we are in a soft landing w/ slowing growth not REAl slow growth or negative growth. 2500 hundred is the bottom on the nasdaq and a good tax hike, rate hike or oil spike could do it. Or signs of greater economic slowing. If the current growth holds and the fed cooperates, I see a good rally to maybe 4000 in jan/feb. If the momentum in rambus fundamentals continues, we'll get 165/200 then.

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