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


To: Mike Harkness who wrote (36623)1/18/2000 8:17:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 93625
 
Well, just before 8:00 PM Island had RMBS at $80 last sale and the bid ask was $77.125 to $79. It seems that selling before earnings was not such a bad ply. If Island is any indication, the negative trend is reestablished by moving back under about $80 or so and now we should retest the $65 to $66 area. If it does not hold, and frankly, I have a short term "avoid" on high techs for the next 4 to 6 weeks, I think that that test will happen rather sooner than later.

Zeev