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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.82+2.7%Nov 26 3:59 PM EST

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To: TST who wrote (20753)5/25/1999 5:30:00 PM
From: unclewest  Read Replies (2) of 93625
 
>>Whats your take on the action last three trading days as we consolidated down about %17 since last Friday?<<

tst,
depends on which side of the ball you look at...right now we are up 48% from 30 days ago. check the chart. that does not look like a problem to me. if it is, i need more problems like that.

absolutely nothing has changed for me. i will continue to buy rmbs wherever it is when i can afford to buy.
i have always said i am buying for the 2002-2003 time frame. i have also admitted, i am not as smart as these in and out traders. but then all but my last 100 shares are pretty green right now.


regarding today's action i think it was awesome. i count over 50 buys in the 4k-35k share range including a 4k, 2 x 5k's, a 10k, a 14k, and a 35k in the last 45 minutes. i bet the average size trade today was twice the normal. seemed like 1000s one after another. don, reh and mile would say the weak hands are shaking out. could be those who bought in the 50's and 60's a coupla weeks ago selling for quick profit. no problem big buyers are in line to get the shares. at least they were yesterday and today.

rmbs up...!!!rmbs down...!!! makes for pleasant conversation.

i used to love to do the research. but now as i see any semblance of competition for rmbs fading into the sunset, i only do it to help don with his trading.
unclewest
i believe today is the 90th day since intel announced a 90 day delay on feb 24....does that mean we see 109+ again soon? i think so!
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