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


To: MulhollandDrive who wrote (24022)6/30/1999 4:45:00 PM
From: sam  Read Replies (1) | Respond to of 93625
 
Today was all about short covering in the "high PE" stocks. Or at least it became that once the FED surprised us by shifting their bias to neutral. Unfortunately, RMBS is lighter in the short department than we'd like...thus it'll now be forced to move on actual news (or if more shorts wish to enter -- which we all know they will once RMBS runs past 110 -- then we'll get more "short related" movement imo).