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

To: Pat Hughes who wrote (39676)4/12/2000 1:17:00 PM
From: The Prophet  Read Replies (2) | Respond to of 93625
 
Put it this way, very few long term holders of RMBS are likely to sell until the stock at least doubles from here. Because of the small float and large institutional holdings, the available shares for shorts to cover with is still dangerously small.

This means that, unlike most stocks, the risk to the shorts with RMBS is significantly higher than the perceived risk to the longs. That means we close up.



To: Pat Hughes who wrote (39676)4/12/2000 1:22:00 PM
From: jim kelley  Respond to of 93625
 
I guess you are telling me its you that is causing this Nasdaq swoon instead of BILOW. He is not going to want to read that after all the work he has put into his anti Rambus rant. <G>

JK


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