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

To: Zeev Hed who wrote (30503)	9/24/1999 3:35:00 PM
From: MulhollandDrive	Respond to of 93625

Zeev, >>. I think that we are going to witness the usual scenario of "when it rains, it pours", << Gee, what happened to drip, drip, drip..... bp (sorry unclewest, couldn't resist, hang in there buddy.)

To: Zeev Hed who wrote (30503)	9/24/1999 3:38:00 PM
From: Don Green	Respond to of 93625

Zeev> (I would consider a break below 9400 on the DOW as a bear market) When do you have a NEW bear market, vs. just a steep market correction... (When the Dow 30 breaks below the previous years low it is then a BEAR market.) Since THIS Bull market started in 1982 the Dow 30 has never broken below the low of the previous year. In 1998 The Dow's low was around 7450. Still a long way away..! But within reach if Y2K concerns start to occur after mid Oct earnings season has passed. Which is what I think might happen. Yoroshiku Don

To: Zeev Hed who wrote (30503)	9/24/1999 5:30:00 PM
From: Vendit™	Read Replies (1) \| Respond to of 93625

Zeev RMBS has fairly good price support at the $68-$69 level. A definitive break below $68 could take it down $10 or so more dollars. I'm betting the upper $60's hold and RMBS may have seen it's low today at $69 and some change. As far as the DOW, 9,800 is the support level and a move there would not surprise me although we may see a relief rally before DOW support is tested. I was pleased to see the late in the day come back which in my mind signals an up Monday but could start off a little jittery. IMO Vendit