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

To: REH who wrote (23625)	6/25/1999 11:49:00 AM
From: pompsander	Read Replies (1) \| Respond to of 93625

Not a bad day when you consider.... 1. PCexpo has come and gone....a good event but not great. Any trader buying at 90 in anticipation is happy to sell at 95 and wait for the next "anticipated moment". 2. Clearly the Dell news was behind a large part of the move last week. That is fine. Selling on the news seems expected. bounce at support level of 88 is nice to see. 3. This stock is still so thin almost anything can move it. - Vinik (real or perceived), other rumors, anticipation of specific successes or failures, the entrance or exit of a specific major investor. We need a split or two to extend the float before any of this will stop. 4. The trading fraternity loves this stock. God love em, they want to take their profits. Good for them. It is apparant that this is not a FUD move, at least not one I can see. 5. While today is a little better, techs are not really the place a lot of pros want to be right now. End of month, danger in earnings announcements, yada,yada. 6. Wish I had bought a little more at 88. Won't bother me if I get that chance today or Monday. After the Fed relief rally, I don't think I will.