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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 87.20-3.3%Nov 20 3:59 PM EST

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To: MulhollandDrive who wrote (13043)1/12/1999 6:09:00 PM
From: TigerPaw  Read Replies (1) of 93625
 
mid to low 80's are possible
It seems to me the very same thing happened in tech stocks last year. January started good, had a slump, and then roared for a couple of months before settling down (and tanking again in August).
We've just entered the tech earnings season and it looks good. Rambus is still a junior member of tech with a lot of promise but not a lot of results. In six months the results are are going to begin to matter, I have a lot of confidence they will be good and the future will be bright.

I think this January thing is a game played by the big investors. It's kind of a On your Marks... Get Set! .... NOT YET! thing that we did when I was a kid to get some to jump the gun and throw off their timing.
TP
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