Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 90.19

+2.8%

3:59 PM EST

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To: RetiredNow who wrote (13717)	1/16/1999 2:09:00 PM
From: jmanvegas	Read Replies (1) of 93625

To Milehigh: The Semi's did lousy on Friday. INTC was up slightly over $1, TXN unchanged, BRCM down 2+, RMBS should have been down greater if it were not for 71 point gain in NASDAQ. Big volume on RMBS. A lot of shares flipped by daytraders, I'm sure. But 5 million shares is an awful lot of shares. There had to be funds selling and I think they might have gotten a gift to get out in the high 80's or 90+. Let me say that the funds have no loyalty to any stock and if they think it will be dead money in the near term (6 - 9 months) they will pull the plug and rebuy at lower levels. The day Edelstone downgraded RMBS was the day the trend was broken. Curious, huh??? jmanvegas

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