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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 107.10+9.2%Feb 6 9:30 AM EST

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To: Estephen who wrote (15169)2/5/1999 7:05:00 PM
From: MileHigh  Read Replies (1) of 93625
 
Steven,

I think everyone who participates in this thread, including many other lurkers, agree with what you said. Talking the stock up as it drifts lower also might make one feel better. I am long, but the charts have been looking terrible. Sure this can change at any minute and for all I know it changed today.

BMO is that we broke down to a new low (72) since the new high, this is hardly a bottoming formation. I also have a tremendous amount of respect for the market itself discounting news LONG before it is commonplace with the public.

What's my point? Who knows <gg> I hope you are right as I am long and do not want RMBS to drift lower, but I have sneaking suspicion it will go lower...These tech conferences will be key to RMBS- could yield good as well as cautious news.

Regards,

MileHigh

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