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

To: pompsander who wrote (33741)11/3/1999 7:44:00 PM
From: wily  Read Replies (1) | Respond to of 93625
 
In my recollection Rambus short-covering rallies retrace almost completely. Trouble is, this one may last two days. The downtrend line is at 90 tomorrow.

wily



To: pompsander who wrote (33741)11/3/1999 9:50:00 PM
From: Victor Lazlo  Respond to of 93625
 
<<a 27% gain on 4.3 million shares. Somebody was covering and maybe somebody was investing for the long haul (they like the story!) and maybe some new shorts came on board. Hey, room for all. >>

The stock was up about 7.5 - 8 (a nice enough gain itself) until just after 2:00, when cnbc listed it in a review of strong-performing chip stocks for the day. That's when it really began to move.


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