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: MileHigh who wrote (7800)	10/2/1998 7:00:00 PM
From: Gary Wisdom	Read Replies (2) of 93625

MileHigh, one of the things it took me a long time to understand about Rambus is how truly thin the trading is. It's not like Dell. There are few bids and few asks most of the time. When a buyer comes in without notice, it takes nothing to move the stock up $5 because of this. This is part of the beauty of trading Rambus. You just never know when it's going to move. But, if you watch it, you can catch the moves if you're patient. I've stopped trying to understand why it's worth $70 one day and $56 the next. I just, like you, try to take advantage of it. Basically, never buy Rambus above $60 and never sell it below $50 and you'll do fine. <ggg>

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