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

To: Alan Hume who wrote (344)	12/11/1999 6:52:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 2039

Alam, I think this is a rationale approach. However, since we have successfully tested $66 three times last week, there is a pretty good chance that that level is now a very strong support. Thus buying here around $70 (and I think that next week we have probably another swoon into the $67/68 area) and using a SL at under $66, provides a pretty good risk reward ratio. Personally, I think that we are going to finish the year just an iota above $90 (a gutsy call...?), and get ready for strong January performance (if INTC does not screw up again?). Zeev