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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: J_W who wrote (22323)6/10/1999 2:20:00 PM
From: jopawa  Read Replies (1) | Respond to of 93625
 
Those of you in the "cult" of RMBS, take note:

14:02 CHURCH: BIBLE OFFERS NO HOPE FOR SALVATION TO WORSHIPPERS OF OTHER RELIGIONS.
14:01 CHURCH: JESUS CHRIST 'IS ONLY HOPE OF SALVATION'--AP.
14:00 LEADERS OF EVANGELICAL CHURCH ISSUE STATEMENT OF WHAT UNITES MOVEMENT--AP.



To: J_W who wrote (22323)6/10/1999 2:23:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 93625
 
Jim, it looked like a breakout, but right now I am classifying it as a "fake out", unable to go above and stay there. A lot of good individual moves and then running into resistance (AMAT, INTC and few others, including our friendly RMBS not staying above the 89 level that was the peak of the last rally), we probably will need another assault on the 430 level before we go into the yonder and la-la-la land. I say, we have a good two weeks of "retrenchment" in the sox, but I expect 380 or so to hold, I'll have to turn bearish if 360 is breached on a closing basis.

Zeev