Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 94.82

+2.7%

Nov 26 3:59 PM EST

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To: MileHigh who wrote (8940)	10/26/1998 5:21:00 PM
From: MulhollandDrive	Read Replies (1) of 93625

Mile High, We discussed this somewhat last week. My opinion was that RMBS wasn't moving as "explosively" on the news( since the DELL CPQ announcement) and that right now it appears to be some judicious accumulation going on. It is becoming more and more not a "what" story but "how much" and my thoughts are that (especially in light of the recent PC demand report) the market perception may be that the semi's have bottomed out here and that the coming quarters will show much better earnings growth. RMBS can only benefit from that perception. That's why I think the current batch of investors are holding pat here and the pressure is more on the buy side. Really nice to see RMBS closing on the high of the day. Very promising for tomorrow. Remember the next resistance level is going to be tough. bp

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