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


To: richard surckla who wrote (36938)2/10/2000 10:14:00 AM
From: jetcityrandy  Read Replies (1) | Respond to of 93625
 
I don't subscribe to street.com
I trust the contents of that article: "Rambus Patent Suit Holds Huge Stakes for Company, Chip Industry" concern the Hitachi suit?

Could anyone provide a summary of street.com's statements?
thanks



To: richard surckla who wrote (36938)2/10/2000 11:08:00 AM
From: Matrix_Man  Read Replies (1) | Respond to of 93625
 
Looking at the chart, it looks to me like we are tracing out a nice, large triangular flag. In general, I think this is very bullish, but not necessarily. I don't think we can go much higher than 88 or so without a resolution. It also can't go much below 74 or so. If we go outside that range, it is an indication that both the bulls and the bears have made the same decision - whichever way that is.

I think Rambus will win big, like Q did. So, if we break 90, I will be buying. If we break 73 I will be selling.

I would love to hear what other TA type people think.