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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 124.49+7.6%Jan 28 3:59 PM EST

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To: Ibexx who wrote (4380)5/29/1998 10:54:00 PM
From: Gary Wisdom  Read Replies (1) of 93625
 
All I know is . . .

Intel trading will be very predictable on Monday. It'll trade +/- 1/2 point from the opening price.

As for Rambus, who the hell knows? You can't predict a damned thing with this stock. I certainly won't be buying on Monday. And, I almost definitely won't be selling any.

This Intel news is already priced in Rambus. It didn't tank at the close (went down a little on almost no volume) and it didn't trade down in the aftermarket. The stock was being punished precisely on this Intel assorted news for the last 9 days. It's just that the little guy wasn't made privy to it.

However, that certainly won't prevent the market makers and motivated hedge fund managers from screwing the hell out of anyone that thinks they're smart enough to trade it on Monday.

One thing for sure: I sure don't see a $17 point up day anytime soon. This Intel BS sure seems to have put the trading range on this stock between $35 and $45 for the balance of the year. Of course, there's always the possibility that these are not set in stone.

Face it. If your stock has anything to do with semis, you're screwed. Maybe it's time to put your money in AT&T and take your 7% annual gain. At least you'll have your hair left in the end.
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