Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 87.20

-3.3%

3:59 PM EST

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To: Jeff Jordan who wrote (1373)	8/20/1997 3:28:00 PM
From: emil	of 93625

would like to argue two points: first, the big blocks you assume to be long term investments. Momentum players go in for a quick turn around, and their is no point to doing it (with the risk in mind) without high reward. higher the # of shares, greater the multiple for every point up. on a day when dell beats the numbers the way they did, its a no brainer to ride rmbs for several points, and that is way the open launched the way it did. True sign is the way this stock reacted on a strong downturn (19.5 points). These are not long termers, they are momentum boys... Out more furious than when they go in. most blocks on this stock are below 400 shares for the day, most being 100-200 shares. small fish. point two i want to address..stock trading the way it does is not for 'no reason,' it is typical trading for a stock with the same variables. the comparisons have been made over and over. it is trading on everything, except fundamentals and is priced well beyond anything they can do. eventually, gravity will take effect. nothing magical and nothing unpredictable. its a momentum players dream. and the old saying is, the taller they are...

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