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


To: Dave B who wrote (25585)7/23/1999 8:57:00 PM
From: pompsander  Read Replies (3) | Respond to of 93625
 
A question for the shorts....

What is keeping this stock up? In all seriousness, I remember comments from a few months ago when Rambus was trading in the seventies that the day Intel gave the slightest hint that it was even thinking of looking at PC 133 Rambus would open the next day at 35.

Look at all the "bad" news of this week. PC 133 exploration by Intel, lowering SDRAM prices, problems in deliveries and pricing of RDRAM, Apple exploring Double Data Rate DRAM, etc.

And yet, something is making the buyers of 8 million shares this week be willing to pay between 98 and 103 bucks for each.

Frankly, an argument can be made that the Rambus story is less solid today than a month ago.....and the techmarket in general is nothing to be wild about..so why are we holding at 100?

Believe me, something is going on....as many have said....someone knows something.