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


To: Don Green who wrote (31612)10/5/1999 4:16:00 PM
From: richard surckla  Read Replies (1) | Respond to of 93625
 
>>At 16:06 someone bought a large block of Rambus 101,500 shares at 69 9/16<<

Must be Stuart up to his old tricks. <gg>



To: Don Green who wrote (31612)10/5/1999 4:19:00 PM
From: pompsander  Read Replies (2) | Respond to of 93625
 
Don, like you I don't believe in coincidences. If the volume had started huge and then cooled for the rest of the day, maybe we could say it was some form of rumor or comment which triggered it, but that it played out.

Instead, the volume began huge, then cooled. Everyone on the Street was on the phone trying to trace down the reason for the bump. Whatever they found out, or surmised, gave them enough comfort for some mid day buying at current levels, then things drifted a bit, but 4.2 million shares is nothing to sneeze at.

I would believe from this pattern there is some kind of imminent news...interesting no one here has any clue. Of course if they did, they would be buying and not talking to us (at least until after finishing their buy).