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

To: Steve Lee who wrote (36476)	1/13/2000 2:00:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 93625

Steve, I am not sure about those INTC calls, their earning report is coming and the recent new highs may have been in anticipation of good earnings. I have a "gut feeling" that a new reentry into INTC might be better when the stock retrenches to around $86-$87 or so. As for RMBS, right now it has tested the $76 area and thus it still looks OK, but if it gets to the $88 to $93 area here (and it could in a day or two), it might be repelled once more, so I would wait just a little (depending how much life is left in those options) for a good $3 to $5 more on RMBS. Zeev