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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 92.21+4.6%10:20 AM EST

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To: MileHigh who wrote (15642)2/16/1999 2:51:00 PM
From: jmanvegas  Read Replies (1) of 93625
 
In order to slow down the roller coaster ride for the NAZ it seems that the street doesn't like, and neither do I, the bullish sentiment factor being at or near its historic highs. Friday and today wiped out the one-day largest NAZ gain - a key reversal??? I don't think so but who knows anyway - just need more of a correction to take out the excess in my opinion. As stated before, I lick my chops just thinking that maybe I could pick up some RMBS in the 60's. Wouldn't lose sleep over that.

A Merrill analyst last week stated that many stocks could test their 200 DMAs before this correciton is over. Should create some compelling values out there in tech land.

jmanvegas
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