Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 92.72

+5.2%

Nov 24 3:59 PM EST

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To: SBHX who wrote (76204)	8/20/2001 3:15:45 PM
From: SBHX	Read Replies (3) of 93625

Actually, the rapid selloff by institutions and mutual funds have started back in june. siliconinvestor.irchannel.com It seems to have gone from 39M shares to <29M shares held by institutions and mutual funds. That is some rapid selloff. The float held by small guys has increased by 10M shares, which means between June1st and now, small investors have lost a net of at least another us$40M+ from rmbs. Closing price June1st is 10.97. chart.yahoo.com Not counting of course, the nimble traders, whose net gains in this period will add to the pain of the little guys holding the bag. The next point of historical interest is 5.9375 which is the IPO price. Will it get there? Up till last week, I only half believed it will even get much below 7.50 (close on day of IPO) [end of july hit 7.52 as day low] even had set 7 as a mental buy price. If that is breached, it's 5.625 which is the historical low (low on day of IPO). It will be quite a bus ride if it ever gets back there.

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