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

To: JH who wrote (24904)	7/16/1999 10:01:00 AM
From: unclewest	Read Replies (1) \| Respond to of 93625

john, i see serious continuous methodical buying at every price level watching my screen. already have some super 5-10k buys this am above the ask. someone has been buying 1000s blocks continuously for 2 days and ain't quit yet.

To: JH who wrote (24904)	7/16/1999 10:15:00 AM
From: JH	Read Replies (2) \| Respond to of 93625

My own guess is that if during the course of the day, if RMBS fails to trade above $117-1/2 and hold its gains, then that could become a short term top. Just speaking from the standpoint of someone who has a large core position and is itching to take some more profits. I think a lot is riding on MSFT, which has successfully broken out from its old highs today. If MSFT (and IBM) reports blowout earnings next week, it will turn on the green light for funds to reload their portfolio with large cap growth stocks, propelling the NDX even higher.