Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: unclewest who wrote (29779)	9/17/1999 1:41:00 PM
From: Mkilloran	Respond to of 93625

uncle...until all the memory producers are up to full speed (next 6-9 months) we will continue to read the FUD from the shorts and techies that do not believe in RMBS or have a beef with INTC pushing the RMBS solution. We can expect a rocky road with wild up and down swings for a while still.. Soo if you see the price decline ....buy more while it is down over the short term. By this time next year all the funds will be onto RMBS looking at it's proven track record and potential for growth in 2001,2002. Hold on tight....don't take off your seat belt yet.

To: unclewest who wrote (29779)	9/17/1999 1:41:00 PM
From: Zeev Hed	Respond to of 93625

uncle, careful, MU has the scenario going for it, you really do not want to tie RMBS' fortunes to MU, as soon as the scenario is executed, MU will be put to the wall and shot. Zeev

To: unclewest who wrote (29779)	9/17/1999 2:30:00 PM
From: Zeev Hed	Respond to of 93625

uncle, by the way, from a technical point of view, $88 is still the support area, but the fact that we are unable to build a strong rally in RMBS when the SOX is doing fine indicates to me that after this triple witching, we will at least retest that support. I have a strong probability (due to general market conditions) that we will breach this in the next three weeks. Thus, I have bailed out earlier for the duration (a very minute profit this time, just north of $3) and intend to renter either near the support or if it is breached, much lower. Of course, if it takes off, I'll have to jump back in but not before the $98 overhead resistance is breached. Zeev

To: unclewest who wrote (29779)	9/17/1999 2:44:00 PM
From: wily	Respond to of 93625

Joe McAlinden of MSCO was just interviewed on CNBC. No mention of RMBS. He was talking about the market direction in general, especially with respect to y2k. He expects a "hiccup" in the market sometime in Q4 due to revenue problems from y2k-related corporate budget lock-downs (hope I got this right <g>). Bottom line is he is "cautious" now. He sees a great tech surge coming in the new year and thinks any hiccup would be a great buying opportunity. I think that may explain why RMBS got stuck in this un-RMBS-like tight trading range: They recently said support was in the 92 area and now they're looking for lower prices. So they were selling into the "support". Just a theory. Abby Cohen my hero was in the news too (not interviewed). She says DON'T WORRY! (good Jewish Mom). The strong yen isn't bad for the dollar. Money leaving the US for Japan will not be a problem. The US market will continue to rise although not as fast as before. Inflation concerns are overblown. If we get a rate hike it is already priced in. (Hope I got this right). My comment: S&P has been flat for a long time. The markets are not extended that far from their 200-day ma's. w