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


To: unclewest who wrote (26470)8/5/1999 11:39:00 AM
From: Matrix_Man  Read Replies (1) | Respond to of 93625
 
Uncle -

you said: remember it almost always takes rmbs a coupla days to react to news

I don't really think that is true. But if it was, it certainly supports Don and the others that are on the sidelines. I hold the stock because I know news could come out at 4:30 today, and RMBS open at 90 tomorrow. It has done this. And yes most gaps fill, but not all. So I hold. Just like I hold CREE even after that slaughter. I think it won't be until their next earnings report before they start making any upward headway (unless they announce some news on their blue laser).



To: unclewest who wrote (26470)8/5/1999 11:49:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 93625
 
uncle, I think that the server dram business is already in the numbers we were crunching few days ago.

In any even, I have a sell GTC at $85, since I will not have much time to watch what is happening. It could conceivably go all the way to $88 or so, but I think that the more likely top will be a fast run to the $85/86 area and then back to under $80 by next week.

Zeev



To: unclewest who wrote (26470)8/5/1999 11:59:00 AM
From: Don Green  Read Replies (2) | Respond to of 93625
 
Unclewest

Yes it may well be huge, but I don't think it matters until "The Overall Market" is on better footing. It is very hard for any stocks to rise for very long when the overall market is sinking. Until a clearer direction of the market is apparent, I enjoy the sidelines.

I learned long ago it is very beneficial to step aside every so often and clear your head and try to get a non-bias perspective on things, that is hard to do when you own stocks.

Rambus making a nice bounce so far today but the real action these days seems to come after the 30 yr tb closes.

regards
Don