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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 90.19+2.8%Nov 19 3:59 PM EST

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To: jmanvegas who wrote (13726)1/16/1999 5:09:00 PM
From: Alan Hume  Read Replies (1) of 93625
 
Hi jmanvegas

(where did you get the handle from?)

Nah, Edelston is an ANALyst and is shroud. My take on it was that he KNEW there would be no surprises (speak disappointment), so he quite cleverly downgraded 3 days before results, coincidentally <g> on an all time high. He a) makes a bundle on it b) a better entry point for his clients and c) gets brownie points for his employers.

Remember when 5kk shares change hands, it takes both buyers and sellers. And going up $8 on the day tells us that there were more buyers than sellers out their.

Sure we will dick around a bit until we find the the next ceiling, and I am guessing it will be 95-100

Alan
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