Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 94.25

+4.5%

10:53 AM EST

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To: pompsander who wrote (20145)	5/12/1999 9:42:00 PM
From: Zeev Hed	Read Replies (2) of 93625

Pomp, I think that last Wednesday big move on the SOX (despite the temporary reversal the next day) brought back attention to the whole semi group (we are less than 11 points from a new high on the SOX, another day like today and we are punching through) in general. Many shorts must have thrown in the towel when the 50 DMA and then the 200 DMA were broken. Rmbs is just one of many in the whole group reviving, just wait until INTC makes a new high and you will see some fireworks. I also think that AMAT is going to report a stellar quarter and what we have is the market buying on the anticipation. Just one man observation. Zeev

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