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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 95.45+1.3%Dec 15 3:59 PM EST
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To: Don Green who wrote (4229)5/18/1998 7:43:00 PM
From: Gary Wisdom  Read Replies (1) of 93625
 
Don, volume is only important in context.

600K shares traded today.
420K of those traded in the last hour.

Any other day in the past 2 weeks, Rambus would have been at $39.
Today, we closed down 1/2.
And 3/8 of that was due to a whopping 15K shares traded in the last 8 minutes.

This baby looks like it has pretty damned good support at $43. Someone was buying those huge blocks. In the past, it would have been a nightmare day if not.
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