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

To: Don Green who wrote (26731)8/9/1999 3:22:00 PM
From: MulhollandDrive  Read Replies (2) | Respond to of 93625
 
Go back and check the chart relative to the analyst upgrade and the subsequent move and then the announcement that INTC would evaluate PC133 and the reaction.

Those events were the catalysts to the upside and downside and since that time RMBS has had "news" (much of which had been anticipated) released in an unfavorable market, thus little positive price movement.

I think RMBS needs some "new" news to spark another wave of buying. Also note that RMBS doesn't do well when it trades below the 50EMA.

bp

bp



To: Don Green who wrote (26731)8/9/1999 3:26:00 PM
From: capt rocky  Read Replies (2) | Respond to of 93625
 
intel -up dell -up seems to me the 2 major supporters of rmbs are up(intc to new highs) if intel is wrong about rmbs their stock would not be up. if they are right about rmbs, the shorts are wrong about rmbs and forbes is going to eat that reccomendation. rmbs is a steal for anyone who can look out only 1 year. s steel is looking 5 years out and he puts his money where his mouth is. more than i can say for some posters. rocky


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