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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 101.61+2.8%Dec 5 3:59 PM EST
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To: Bill Harmond who wrote (998)8/13/1997 1:17:00 AM
From: Scott Maxwell   of 93625
 
The odd thing is that this early release was rumored over a month ago. Today's trading looks like the people at Morgan Stanley had to talk to some outsiders in preparation for the release, and so the professional money boys jumped in to short. People who've been following the stock for awhile should have been aware that the early release of some stock was likely.

I still think fair value's in the 45-55 range.
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