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

To: unclewest who wrote (23578)	6/25/1999 9:27:00 AM
From: Zeev Hed	Respond to of 93625

I was actually hoping for an increase in the short position, the decline to under 5 MM will slow down the ascend from here, and a good chunk of the short might also be "new short" at higher prices without the urgency to push the prices higher. By the way, the report does not include the period of the recent new "trading range" of $88 to $103, where additional short covering has occurred. In any event, as long as we stay above about $88, and keep making new daily runs above $100, I think that the danger of a major decline are minimal. Zeev