Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 94.82

+2.7%

Nov 26 3:59 PM EST

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To: REH who wrote (3288)	3/16/1998 7:40:00 PM
From: Thomas P. Friend	Read Replies (2) of 93625

I'm not seeing any new news here. The Smart Modular relationship was announced a while ago. And as for the First Call strong buy, I notice in the long text that no one has revised estimates in a while. That means nothing is new there, either. I'm long the stock, too, but let's not get false hopes of an impending run-up based on old news. One thing I did notice is a contraction in volume in the last few days with the stock holding near it's lows. Could be the selling is drying up. But it's hard to view the stock's recent action as positive in light of the market's recent move. Tom

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