Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 88.13

+1.0%

Nov 21 9:30 AM EST

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To: Dan3 who wrote (62224)	12/2/2000 3:32:32 PM
From: Zeev Hed	Read Replies (1) of 93625

Dan, the most I see as a high between here and the end of the year is 3050 (the multiple bottoms in late summer early Autumn, now broken), the likely high is, IMTO, 2850, this year and if the Fed change their stance Dec. 19th, then I can see a very short term breach of 3050 early next year, to possibly 3200 (a low probability situation, IMTO). One of the reasons for the turnips' bottom near the 11/12 of December is "anticipation of the Fed changing stance (not necessarily lowering rate, I do not expect much lowering of rates until Feb/March next year, marking a market bottom there). Zeev

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