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

To: gnuman who wrote (41295)	5/3/2000 12:10:00 PM
From: tayspop729	Read Replies (1) \| Respond to of 93625

The link the Yahoo poster provided has a December 1997 date on it. Unless I am missing something, the news no longer applies. Regards, Scott W.

To: gnuman who wrote (41295)	5/3/2000 5:24:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 93625

Gene, as Mark Twain remarked, "The news of my demise are premature..." Thanks for the nice words. The Yahoo thread is a nut house, few weeks back, I am told, someone using my name as his handle posted a bunch of bearish comments on RMBS' thread, just as I turned bullish. Right now, however, while trading RMBS for few "daily raids", I am neutral, and actually believe that the breach of the $207 area today is getting the stock back into bearish position (we really need to break through the $180 for an actual bearish stand), particularly if the turnips general scenario for the next two weeks (namely the Naz going to dip under 3000 before May 18th or so) evolve. By getting down at once to the support area at $185 (what was the overhead resistance on the way up) so early in the NZ decline, it dow not leave us much wiggling room to contend with a general market malaise. Maybe I will still get my GTC at $122. We have the current support at $180/$187, another mild support around $150, and , technically the low at $133, but there was so little trading there that i doubt it will present any support if the naz tank. If I were long, I would use a run to the $207 or so tomorrow, to lay out covered calls. Zeev