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

To: megazoo who wrote (43205)	5/31/2000 2:34:00 AM
From: Bilow	Read Replies (1) \| Respond to of 93625

Hi SXB; Re RMBS technical strength. I agree it has been strong relative to the Naz. The place where I would expect severe short covering would be around $215 - $220. Today's break past $180 was significant, I think. I would think we would test $220 over the next week or so. -- Carl P.S. In the long run RDRAM is dead, dead, dead, and so is RMBS, but it is very much playable to the long side, as well as short, between now and then. Of course there is always a chance that a catastrophic move in the stock price will come as a consequence of a single press or news release from Intel.