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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 88.13+1.0%Nov 21 9:30 AM EST

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To: Ibexx who wrote (13389)1/14/1999 6:49:00 PM
From: Roads End  Read Replies (2) of 93625
 
Ibexx...The most recent MARG report show institutions hold 8.33 million shares. (36.09%) Over the last month institutions sold 2.745 and bought 5.576 million sahres for a net gain of 2.831 million shares, all would have to be at least $90. Some here have implied there is some security in that institutions are holders of RMBS. The truth is 142 institutions hold these shares and most of them are not afraid to dump along with everyone else especially the so called growth funds. I would be curious to know if it was Fidelity doing the selling last month though, especially after they made such a big deal of holding such a large % thereby giving retail traders some false sense of security in buying.
Steve
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