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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 115.18-7.7%Jan 23 9:30 AM EST
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To: DaveMG who wrote (5077)6/25/1998 11:43:00 AM
From: Techie  Read Replies (1) of 93625
 
The 50dma is 41.83, 200dma is 47.71. Normally 200 would provide support but there is a gap below it, so it's hard to tell. What one needs to remember is that this is a DRAM company and estimates for Fiscal year ended Sept. 99 is 43 cents. Sure they'll be getting royalties but so did TXN from every DRAM maker and they still lost money on their DRAM business. All IMO except the estimate which is from First Call.
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