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Technology Stocks : RAMBUS (Nasdaq: RMBS) - THE EAGLE -- Ignore unavailable to you. Want to Upgrade?

To: Don Green who wrote (121)	12/3/1999 10:43:00 PM
From: john dodson	Read Replies (1) \| Respond to of 2039

Don, Re: Wait to buy RMBS. A few followup points: 1. RMBS has had a history of going up when the Nasdaq drops. So, maybe when the Nas correction comes, RMBS will go up? 2. RMBS seems to have real strong support at $60 or so. So, downside seems pretty limited (~ $10), while the upside is about twice that (back up to $90 is nearly $20). 3. Market momentum, record highs, year end, and so on do concern me also. I still think RMBS is worth nibbling on at $70. Much lower, and it will be worth backing up the truck. -John