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

To: Bruce Brown who wrote (37450)2/23/2000 4:10:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 93625
 
Bruce, I thought that RMBS was a good buy just before the close at $178,75, so I bought it, of course, it proceeded further down, but c'est la vie. Actually, I may be sorry on this entry because the stock has traced a short term reversal pattern today ( a gravestone doji), but I'll wait until tomorrow to see if I should take a loss on it or simply ride out the rough weather due in the next few days.

Zeev



To: Bruce Brown who wrote (37450)2/23/2000 7:06:00 PM
From: MulhollandDrive  Respond to of 93625
 
Thanks Bruce,

I heard him too and frankly I think he's probably right, or at least I hope so. I have to believe that the current run is unsustainable and maybe once we get the major short position washed out of the stock, it can start to trade in a reasonable fashion.

bp


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