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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 88.13+1.0%Nov 21 9:30 AM EST

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To: Manx who wrote (2183)11/8/1997 8:58:00 PM
From: dlc  Read Replies (1) of 93625
 
Monday is the end of the lockup on something like 11 million shares. I'm not up on the exact figures, but I believe this is more than the shares currently outstanding. Combine this with the ongoing market malaise and it may not take very long for RMBS to hit 30. Long term it looks interesting but there is a lot of time between now and long term. I am short now and may go long sometime down the road.
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