SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Matrix_Man who wrote (36136)12/31/1999 9:56:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 93625
 
Matrix, one could make a very strong argument that RMBS holding above $66 is due to shorts covering taking their gains this year to compensate for losses in other issues earlier in the year. You must admit that on the average, professional shorts have been mauled this year and you should expect them to compensate losses against gain during the year since only some $3000 can be taken as a deduction. I would say that there is a strong chance that $66 will be breached, and thus my yearly low being under $40.

Zeev