Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 86.02

-4.6%

3:44 PM EST

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To: RockyBalboa who wrote (67822)	3/15/2001 6:03:14 PM
From: Zeev Hed	Read Replies (3) of 93625

The bu$$ is in serious breach, going under $33 was very serious (and triggered my own stop loss, got only $32-2/4), and after doing the unimaginable and reaching my two year old GTC ($122 presplit, or $30.5 post, and it was not in since I was "loaded"), the bu$$ is more dangerous here than ever. Nimble traders can make money, but unless that legal situation is rapidly resolved in the bu$$ favor, I fully expect to see $15, maybe even lower. If you plan to be long, I would wait to see either a basing or a "volume /price reversal" pattern. I myself like to play with fire, so I jumped back in for few DCB trades after the collapse, and am actually long right now (and under water) at $25. Zeev

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