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

To: pompsander who wrote (36108)	12/30/1999 12:32:00 PM
From: jopawa	Read Replies (1) \| Respond to of 93625

pomp, Thanks for the optimism. My sell order is in now at 175, have to take into acct the large spreads and egregious mm's.gg John

To: pompsander who wrote (36108)	12/30/1999 1:31:00 PM
From: Richard Habib	Read Replies (2) \| Respond to of 93625

I'll give it a shot. I can make a case for about 160 as a high given continued penetration of high end PC market, a comms market announcement and TIMNA continued on track which would indicate accelerated penetration into the low end market. The high could occur in the summer prior to the TIMNA launch and after a comms market announcement. Low. That's the real question. I agree with most that mid 60's are critical. I see support around 40. The current crop of huge valuations, it would seem to me have to correct. I think that would create some real short term carnage. If that occurs, I would guess it will happen soon but since I'm holding I obviously haven't decided if RMBS can hold. Close - not as important as the high and low. Interesting that everyone moans about RMBS as a stock when nearly everyone is predicting a 2X range from low to high. In any case since the story would only be getting better by year end, the close should be somewhere near the high, say 120-160 range. Rich