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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 95.57+0.7%Nov 28 9:30 AM EST

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To: MileHigh who wrote (17932)3/29/1999 8:52:00 AM
From: Al Serrao  Read Replies (1) of 93625
 
MH, at best these are judgements we have to make. But now lets look at what's going on. Here we are with one of the leaders in new technology with a very high PE. Suddenly the the stock starts falling and the short interest triples. The stock can't do anything right. The shorts now have a lot of risk even though the stock has come down from 109 to 61 they are stuck especially if they're late to this game. Since they have not covered, they have to resort to other means. All I'm saying is, don't be surprised if we see some negative articles repeated over and over in coming weeks.

P.S. By the way I held on to BA and did very well. I'm just sorry I didn't buy more when it came under attack.
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