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

To: anandnvi who wrote (38624)3/21/2000 3:01:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 93625
 
Anand, you got to be careful, we have been fighting here between $278 and $290 for the last few hours, and we could easily and rapidly go back to the $260' IMHO. It depends a lot on how the market will view the prospects of additional rate increases in the future. Right now, I am still of the opinion that the "V" bottom must be retested to set the stage for a meaningful rally.

I'll wait patiently for lower prices, or reenter above current prices.

Zeev



To: anandnvi who wrote (38624)3/21/2000 3:03:00 PM
From: Orion  Respond to of 93625
 
I followed continuously Island's trade for half an hour.
It appears that each time rambus hit 290-290 1/2, there are big quantities of sales orders bringing it back to +/-288 immediately and then it dips a little more to 285-286, and then try to come back up to 290.
I doubt we'll close above 290 today,
Hope I am wrong, a Dragonfly would satisfy me
FWIW
Orion


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