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Technology Stocks : RAMBUS (Nasdaq: RMBS) - THE EAGLE -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (1188)2/24/2000 4:25:00 PM
From: Orion  Read Replies (1) | Respond to of 2039
 
Zeev,
What a day !!!
I do not think that this is due to HUGE short squeeze, it was rather a steady trend over the day.
May I ask you if you share my view that this might not be over...
Orion



To: Zeev Hed who wrote (1188)2/24/2000 4:31:00 PM
From: Jdaasoc  Respond to of 2039
 
Zeev:
I like confidence of the Island ECN sell prices. There are 100 shares @ 300 and 50 shares @ 400. Current after market last match is 212.
No sense being hedged or short until 300+.
We had some poor sucker covering @ 195 with about 100K shares at 2:20 PM. There are a lot more people out there still short. They will cover very soon and more will go short only to be stampeeded. Do you Stuart Steele is hedging his RMBS. I doubt it.

We have just said goodbye to 200; you may get 15 minutes tomorrow morning below 200.

john



To: Zeev Hed who wrote (1188)2/24/2000 5:02:00 PM
From: jetcityrandy  Respond to of 2039
 
Zeev, I know no one would send me any e-dollars, but I do appreciate the condolences. As for the % gain/loss, that's the way the numbers rise and fall. But some look at it as not too much to lose, and a lot to gain. ;^)

I will look for that buying opportunity, but don't think 140 is "realistic" just for now.

May have to do something stupid and buy some Rambu$ first thing in the morning, that ought to send it down.