Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 90.20

+2.9%

3:59 PM EST

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To: dougjn who wrote (3361)	3/27/1998 1:36:00 AM
From: Getcher	Read Replies (1) of 93625

Doug, anyone, please comment ... RMBS has not seen $39 on a close since mid-June! And that was during its hasty runup from 30.375 to 51, settling around 46.5. $39 is virgin territory ... no support until $30.375. I can't see the price to begin with, but now that we have it, we have to deal with it! Could go straight down to low 30's ... could bounce straight up again ... looking for the comments of yourself and those on this thread as to where we head. Considering purchasing a straddle! April 40/40! Very interesting price we are playing with here ... please register your outlook, even if only a guess for the short-term. Getcher

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