SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: c.r. earle who wrote (47187)7/13/2000 3:53:40 PM
From: Steve Lee  Read Replies (1) | Respond to of 93625
 
There are 2 groups of RMBS investors. One group is willing to buy at this level or below, the other is willing to sell a this level or above. When the sellers run out of shares or the buyers run out of money, the price will move.



To: c.r. earle who wrote (47187)7/13/2000 3:56:29 PM
From: Dave B  Respond to of 93625
 
c.r.,

I've traded tech stocks against RMBS several times successfully (the first couple of days in January, I remember for sure; then sometime in Feb/Mar; also twice during Nov/Dec last year). There used to be a saying "Nasdaq up/down, Rambus down/up, situation normal" but that fell by the wayside during the two major run-ups.

It does seem to have a countercyclical nature sometimes.

Of course, I've caught the knife a couple times, too. It's not always countercyclical <G>.

Hope this "sometimes it does, sometimes it doesn't" answer helps. <VBG>

Dave