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


To: Dave B who wrote (25306)7/20/1999 10:44:00 AM
From: MulhollandDrive  Read Replies (1) | Respond to of 93625
 
You gotta wonder if "skytrader" isn't on to something. He said watch for news wed or thur.....I would have expected much more carnage this a.m., of course the day is far from over.

bp




To: Dave B who wrote (25306)7/20/1999 12:39:00 PM
From: Jdaasoc  Read Replies (1) | Respond to of 93625
 
Dave:
RMBS investors have shown themselves to not follow overall market. Instead of pulling money of table in runup from 55 to 117, they put more money in @ 98. Still think that big money people will bail on RMBS when any analysts revised earnings or downgrade it. I own a small cap stock,OSTE, that has been played like a yo-yo by Bank Boston Robertson Stevenson. They have upgraded/downgraded it 3 times in last year. If you think Fidelity's 2.6 M shares of RMBS can't be sold, you are mistaken. These 1 M share swings on the short side for RMBS will still occur no matter how convincing the technological reasons are about RMBS. I am just trying to keep separate my technical reasoning skills, from my understanding of the way market acts, from human instinct to be greedy.

jd