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

To: Dr. Id who wrote (39212)	4/4/2000 4:24:00 PM
From: hoyasaxa	Respond to of 93625

Sure -- super high PE, super high peg, very few real barriers to entry -- in short -- the "story stocks" suffered the most and will get litle benefit of the doubt down that they got going up on the way down, imo.

To: Dr. Id who wrote (39212)	4/4/2000 4:39:00 PM
From: Teri Stephenson	Read Replies (1) \| Respond to of 93625

Any ideas why Rambus continued to fall (finished down 47) while the others (for the most part) rebounded? I was sitting near the close pondering this as well. It probably has to do with the fact that RMBS only began it's dramatic ascent ~6 weeks ago(=low recent support levels) and in this short time gathered mostly mo mo traders who margin heavily while during this same time, the short position was decreased(= less future buyers). I'm sure there are people sitting with RMBS as their only stock, margined to the hilt, and when they saw it not rebounding, they had to sell(margin calls). 471 to 210 in less than 3 weeks is lethal to these types of accounts. Teri