Rambus (RMBS) - Eagle or Penguin Message Board

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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: MileHigh who wrote (14737)	1/30/1999 1:11:00 PM
From: Al Serrao	Read Replies (1) of 93625

Hi MileHigh, got your note on the P&F thread. Looks like RMBS is headed toward 70 as a PO. I would use this as a target price objective short term. Nothing carved in stone but a realistic objective after the recent blow off. Looks like 90% of the damage has been done, now we have to wait for a slow recovery and basing to begin. Think of it this way, most who wanted to leave are almost gone. Now we are left with the MM's who are always with us kinda like fleas on a dogs ass, the shorts who are always fun making hit runs and being squeezed in return, and the true believers who would rather sell their children than RMBS. Just imagine this was just a typical sell off for RMBS and we still haven't gotten to the usual summer time tech sell off yet. I maybe crazy but you gotta love this stock.

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