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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 92.37-0.4%3:59 PM EST

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To: pompsander who wrote (43599)11/22/2001 9:07:02 AM
From: Bilow  Read Replies (1) of 93625
 
Hi pompsander; Re: (June 6, 2000) "carl has now advised me that Rambus has a few good months of trading left in it. Whew! I thought it was dead, dead, dead as of the mighty T-bird launch." #reply-13839382 also see my reply #reply-13840088

The day you wrote this, RMBS closed at $53.375 per share. Over the next 2 months it closed as high as $117.375 per share. My call was pretty accurate. Volume for June 6, 2000 was 19 million shares, 10x what traded yesterday (though yesterday was a bit down from recent average volumes). What with the >5x reduction in price and maybe 5x reduction in average volume the amount of money moving around in this stock is down 96% from then. Those were the days, weren't they, back when there was volume and price movement in this POS? There certainly isn't much good trading left in it now.

-- Carl
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