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


To: cardcounter who wrote (46123)6/26/2000 7:53:00 PM
From: blake_paterson  Respond to of 93625
 
cardcounter:

<<typical RMBS bs.. block money flow is negative>>

Then short some more!

BP



To: cardcounter who wrote (46123)6/27/2000 7:27:00 AM
From: GVTucker  Respond to of 93625
 
carcounter, RE: block money flow is negative and despite a recent runup the block MF is back to its june 1st levels.....

nonblock MF is a different story and is positive... but its not institutional accumulations...


A negative block money flow could easily mean that institutions with poor traders are selling shares to institutions with good traders.

And even if this negative BMF is indicative of institutional distribution and retail accumulation, over the past 5 years (i.e. the Internut phase) this has been more of a positive indicator rather than a negative indicator, particularly as far as high risk high PE stocks like RMBS are concerned.