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

To: Don Green who wrote (26592)	8/6/1999 4:39:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 93625

Don, actually, RMBS is behaving quite classically, the support at $88 has now become the resistance from which assault are held back, and the last area of resistance is going to be in the mid $70 where shorts are going to ignite rallies (as the last rally of $11 yesterday). However, RMBS is not in a vacuum, and once this market goes into three consecutive days of 150 to 250 points declines, RMBS will, IMHO, break through that mid $70 support, thus my current belief that better prices are awaiting us before we really get rocking and rolling. The nuts still have a lot of hot air to release, and with the financials will drag the rest of the market IMHO. Zeev