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

To: Don Green who wrote (26863)	8/10/1999 4:35:00 PM
From: unclewest	Read Replies (2) \| Respond to of 93625

BTW Rambus made a nice bounce today, but I doubt the markets slide is over. Again it is now oversold and could move higher, before heading lower again. don can i take a shot at that ta stuff? in a deep voice!!! we had a classic deep v bounce from a slightly higher double bottom. this signals the initiation of major buying by the big players. that became evident this afternoon in the bond pit. and we are seeing a rebound in the futures. the buying activity signalled by unclewest's earlier observation that cmgi had recovered 15% in an hour prompted the shorts to scramble and begin covering. look for big buying and big short covering beginning tomorrow morning... unclewest