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


To: jim kelley who wrote (42560)5/19/2000 4:25:00 PM
From: Bilow  Respond to of 93625
 
Hi jim kelley; Re my comment that RMBS could bounce back to 180. Actually, I was commenting on the depth of the ISLD book, which I find more significant than level 2. The ISLD traders are pretty good, on average, and when they won't populate the ask it is a (short term) bullish indication.

And note that RMBS did bounce back to 179, and that my comment was made close to the short term bottom. But I don't have any money in RMBS, and this makes it a little easier to make dispassionate judgements on its stock action. I think that the stock has done well today, relative to the news that is out and the market as a whole. But the memory maker (and other chip baker) rejection of Intel didn't hit Yahoo news until after hours (I think).

Re a lot of BS in the marketplace. Yep.

-- Carl