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

To: cellhigh who wrote (40573)	4/21/2000 6:28:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 93625

Cell, I think that the moment of truth will be either in the $180 to $185 area, or in the $133 area. personally, I do not think the bottom part will be tested next week, I see a run to the $180 or so and then retrenchment to the $145/$150 and possibly another run up. If we break through $183 or so, I'll change my tune. I think that probing the lower part of the range will be left for the first week in May. Since we got to $133 and my next support is in the range of $110 to $117, I may change my GTC ($122) to be closer to the top of that support range, I am not sure yet and that will depend on the market. My real problem is that we are so close to that support area about six weeks ahead of my turnips time table, this means it could be breached more easily than I originally thought. If that support is indeed breached (in essence any close under $110), by gosh, I see a real possibility of going back under $70, notwhithstanding all the progess RMBS has made since we left that territory less than three short months ago. Zeev