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


To: richard surckla who wrote (52696)9/6/2000 11:38:41 AM
From: Daniel Schuh  Respond to of 93625
 
You guys are loons, not to belabor the obvious or anything. Micron gets downgraded because memory prices are supposed to be softening, so if Micron consents to give Rambus money for nothing, it's going to help their stock? Of course, this form of reasoning is a well known part of the Rambus Way. It's a scam, Dick.



To: richard surckla who wrote (52696)9/6/2000 11:41:12 AM
From: mishedlo  Read Replies (2) | Respond to of 93625
 
Thanks for the vote of confidence on that ignore thing.
Maybe I have gotten them to quiet up a bit.
It takes concerted effort from all to make it work however.
I have given the benefit of the doubt to a couple that you have on ignore, but I also believe I am winning my arguments.

RMBS holding up rather well for second day in a row in spite of low volume and massive selloffs on the naz. Almost my entire screen is red today.

RMBS is supported by a number of Moving averages right around the 75-77 level. Max pain for sept is at 80 so I think the MM's are trying to keep it close to that as well, finally there is strong support at this level that I hope holds for another day or two.

News can cause this to skyrocket at any time as we know.

Next support for MU if it drops below 70 seems to be 60.

I am NOWHERE NOWHERE NOWHERE near as good at this stuff as Zeev, so take this TA stuff from me very lightly.