Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 87.70

-3.8%

Nov 18 3:59 PM EST

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To: REH who wrote (5981)	7/30/1998 9:46:00 PM
From: Gary Wisdom	Read Replies (1) of 93625

Is Rambus a trading stock? (see below) Since June 15, the last time Rambus traded at $35.50, the sum of the daily ranges has been $137.44. The total movement from $35.50 to $64.00 to $53.00 to $67.75 to $51.50 to today's intraday high of $63.25 = $81.25 IMHO, these wild swings is caused by the "thinness" in this stock. Today, when the stock moved up $6 in 10 minutes, it had no choice but to move up this much so fast as there weren't enough offers below that level to sate the needs of those that wanted to buy it. Unfortunately, that works in both directions. Still very long and for the moment, very happy.

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