Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 121.64

-2.3%

3:59 PM EST

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To: Allen champ who wrote (15153)	2/5/1999 4:45:00 PM
From: Zeev Hed	Read Replies (3) of 93625

Allen, I was worried about a February weakness in general, but with the recent intensity of the decline, I doubt it will last longer then the middle of next week, however, in the next four trading days, a lot of damage could be inflicted. If we break through the 5.375% to 5.4% on the long bond, I think that we could go down hard next week (Naz to about 2250 for a 10% correction altogether), but if the bond rallies from here, the naz probably has seen the worst. This is worth about $.02. As for RMBS, I still think that we have a good shot at seeing the mid to low 60', but what do I know? Zeev

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