Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 87.20

-3.3%

3:59 PM EST

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To: unclewest who wrote (17318)	3/12/1999 8:52:00 PM
From: Gary Wisdom	Read Replies (2) of 93625

Uncle, what does "killing the scene" mean? you ask me to name one bad thing about Rambus? that's easy. The preponderance of retail investors in the stock. Anytime there is any sign of weakness, everyone jumps ship. It is far too easy for the market makers to manipulate this stock. It is a veritable money machine for them. Take a look at the price swings on the stock. It almost always trades in a $10 range every 5-7 days. Just ridiculous for a $70 stock. Institutional investors may like this stock, but they know better than to ever chase it. It ALWAYS comes back down after rallies. That's the problem. There is no overwhelming reason for anyone to pay over $72 for this stock right now. IMHO, until things change, you'd have to be an idiot to pay over $70 for it unless you're trading it. And until things change, I won't even do that. As for the future, I think it is incredibly bright for Rambus. However, I really don't see anything at all happening to boost the price before June. I'll look at it again at that time.

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