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


To: Glenda King who wrote (35740)12/9/1999 8:38:00 PM
From: Jdaasoc  Read Replies (1) | Respond to of 93625
 
Glenda:
44% institutional holdings of 23.5 M total stock is about 10 M as I stated in my post. I will give you web site where the top ten holders are listed.

I just believe that they will want additional pieces of RMBS before year end. They will get them quite cheaply too. Can anyone predict that institutions will wait close to Friday DEC 31 to buy or will they finish up most purchasers in next week or two.
I currently own zero shares of RMBS now but a looking for bargain price in high 50's low 60's hopefully before institutions increase their holdings closer to the 50% mark of outstanding stock.

john