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

To: Dan3 who wrote (33478)	10/31/1999 8:59:00 PM
From: jmac	Read Replies (1) \| Respond to of 93625

I might agree with you about the time for evaluation probably is going to come in late-November. But, now is not the time to be short Rambus stock. Try to remember that the movement of a company's stock price may not correspond to actual fundamental news about that company. In the long run--yes. Short-term, not this this market. If you are short, i am sorry. Just as I was sorry for all of us longs who got plastered during october. If the stock doesn't pop, I would consider about not being short until the time for your evaluation is here. Although, I doubt we will get anywhere near the old highs right now. It would have happened had the launch occured in Sept. But, now, there are clouds that won't be removed for quite some time. So, 80s, maybe 90s is my ceiling--as I see it. mid 60s, maybe lower 60s might have been the floor. But, i think we will create a new floor this week.