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


To: Zeev Hed who wrote (36070)12/29/1999 1:45:00 PM
From: jetcityrandy  Respond to of 93625
 
We need to get you some better fertilizer so those turnips aren't so confused. <g> touching 71.875 and closing above 72 are two different things.

I will make a fool of myself and say not this week.
(hopefully that will give the contrarian gremlins a chance to "Make it so") I see what you mean about the 65.75, the dip on Dec 9 to 65.5 was breathtaking (ha).

Have a great New Year, and coddle those turnips so they can try to be a bit more positive.



To: Zeev Hed who wrote (36070)12/30/1999 12:30:00 AM
From: Bilow  Respond to of 93625
 
Hi Zeev Hed; It hasn't been my intention to predict the immediate future prices of RMBS stock. I have no idea. I'm only predicting what is going to happen with the future of the technology over the next few years.

Like everybody else, I am quite surprised that Rambus based computers are still so rare. My prediction was that they would be common, but that they would have frequent problems, and would earn a reputation for sensitivity. But they really don't seem to be available much, at least according to JDAssoc. The comments by the memory makers about Direct Rambus should be heeded by investors.

I will be trading tomorrow, and, if time permits, I will take a look at RMBS every now and then, and check if the institutional selling is still going on. My guess is that it still is, though the only thing I have to base this feeling on is this post:

I went in to see my trusted Morgan Stanley broker today and he gave me a strong recommendation to buy RMBS today. #reply-12402132

This is clearly a sign of continued distribution by the institutions of RMBS into the hands of mom and pop.

This is not to say that the stock price is going to go down. Mom and pop have strong hands, stronger than the hands of the instutional investors. On the other hands, mom and pop aren't in a position to understand what is going on with this technology.

-- Carl