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

To: unclewest who wrote (28468)	9/2/1999 9:13:00 AM
From: Stuart Steele	Respond to of 93625

At 8:55 AM, there have been 60,400 traded; it started trading at 87 at 8:31 and the last trade was at 9:04 for 85-1/2. Good luck Stuart Steele

To: unclewest who wrote (28468)	9/2/1999 9:13:00 AM
From: unclewest	Respond to of 93625

great analysis by fn. knee jerk reaction is to be expected A gap down open today would be normal since as we are still in the pre launch phase, all news can be spun in ways to scare weak holders. Remember that Intel will not provide PC133 support in Camino so that PC133 isn't an alternative to Rambus, its an alternative to PC100. Today's stock action will be typical of many previous volatile sessions when news caused nervous traders to whipsaw the stock. CNBC has just commented on Rambus and has reiterated some of the FUD but they admit that they don't understand the issues. Note that no respected analyst has come out with any cautionary comments. So far, those who have spoken, including Mischou and Edelstone, about the events at IDF, see Intels comments as very positive for Rambus