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

To: Dan3 who wrote (27368)	8/21/1999 5:02:00 PM
From: Orion	Read Replies (1) \| Respond to of 93625

Oh Dan So good to have you near. Now I can go to bed... Thanks a lot

To: Dan3 who wrote (27368)	8/21/1999 5:17:00 PM
From: unclewest	Read Replies (2) \| Respond to of 93625

If it were bad news for rambus, you know I'd be the first to emphasize such an opinion. lol...yes we know. dan, this is a serious question. the one individual who has called rmbs' moves up and down most successfully has been zeev. he is convinced that if rmbs clears 89.5 - 90.5, it will take out 120 within 30-40 days. zeev also says if we drop below 81, we will see the low 70's or lower. he is sitting on the fence right now but says he knows he should be long before the idf which starts next weekend and definitely before the dell and cpq rambus inside shipping date of 27 september. this is my question...we expect to have between 5-7 million shares sold short reported, if that is true, at what point do you think a short squeeze might begin? what would drive you to abandon your short position? tia, unclewest