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


To: REH who wrote (30669)9/25/1999 7:26:00 PM
From: Don Green  Read Replies (1) | Respond to of 93625
 
REH

Greetings, What support? It's all about Momentum!!!! If the Intel/Rambus spin machine isn't on max B.S. on Monday and have a really good reason why this entire issue is just a misunderstanding.

I really don't see any reason why Rambus can't make a new low for the year. Then you need to worry about what the other analysts are writing this week-end for release after Intel puts on their show.

Rambus has already tumbled from 94 on Thurs to 71 on Friday just on the expectation of something may have gone wrong. If more delays are announced pushing back earnings even further, along with what I feel is a likely hood of MUCH further downturn in the market between now and year-end. I would say Rambus could see the 40's again on a panic sell. The key is the Bears now have gained control of the momentum and won't be scared out of their position too easily.

BTW I am still a believer in Rambus long-term, but Intel "the QB" has just fumbled the ball on the 2 yrd line and "the Bears" just ran it back up field for a 45 yard gain... so we are almost at mid-field again, and it just started to rain...so now the field is wet and slippery!

What a stock! Bring on the Rambus cheerleading crew, Push-em back, push-em back, WAY!!!! back!

Regards

Don

The Grinch!