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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 95.57+0.7%Nov 28 9:30 AM EST

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To: MileHigh who wrote (7584)9/29/1998 8:57:00 PM
From: wily  Read Replies (1) of 93625
 
If I may offer an explanation:

The release time of Frolands article is about 15 min before the stock began moving. As Barry Grossman points out, this looks like a new and much higher estimate for the Rambus market, and H&Q probably recognized this.

The aggressive bidding is just a direct way of saying "sell me shares".

The after-the-close trade at $64 is an "irregular trade, Form T" and could have been executed any time during the day. (There was a trade of 50,000sh @$63 at 3:35pm)

I'm not sure about the market-size idea, but, if it's true you won't be able to touch the stock tomorrow.

wily
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