Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 115.18

-7.7%

Jan 23 9:30 AM EST

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To: Ian Anderson who wrote (20437)	5/19/1999 10:53:00 AM
From: MulhollandDrive	Read Replies (1) of 93625

Ian, I just have a fundamental understanding of TA. Take a look at this chart, I believe Milehigh indicated that RMBS was forming a reverse head & shoulders, no guarantee, but looks plausible. If that is the case, RMBS could/should retrace back to the low to mid 70's which would mark the bottom (or top depending on how you're looking at it) of the right shoulder. If it doesn't breakdown there, I would consider that an excellent buying point, assuming you like the fundamentals long. This is just an opinion, As usual, do your own DD. timely.com bp

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