Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 124.77

-0.9%

Jan 22 3:59 PM EST

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To: Don Green who wrote (20496)	5/19/1999 10:23:00 PM
From: Zeev Hed	Read Replies (1) of 93625

I agree with you about the market, but I do not think that even a major retrenchment in the market in general will pull RMBS down with it sharply, particularly if RMBS manages to establish itself above about $83. So my policy is still just to maintain a tight stop loss (just under $73 on a closing basis). As I said earlier this week, I expect to start and see a slowly increased news environment that becomes more and more favorable to RMBS. Of course, breach of major support will lead me to look at where all the negatives can be, but right now, those turnips are as pink as can be as far as RMBS is concerned. Zeev

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