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


To: Earlie who wrote (56940)10/7/2000 2:36:09 PM
From: sylvester80  Read Replies (2) | Respond to of 93625
 
Earlie,
AMD going from 48 1/2 to 21 during the summer, does not look butt kicking to me. Unless you meant that AMD got its butt kicked. AMD's stock performance shows that it got it's butt kicked (unless of course you have another explanation).

Hey, at least AMD's CEO Sanders got out at the high. LMAO.



To: Earlie who wrote (56940)10/7/2000 2:52:46 PM
From: Zeev Hed  Read Replies (1) | Respond to of 93625
 
Dear Earlie, a rare visitor, indeed. I have no choice but to repeat my post to you of June 15th, the night before RMBS vaulted from about $55 to above $120 in a short 8 days: "When the TA and the FA do not jive, believe the TA". Since the beginning of September the Naz and the Sox have suffered a major blow, but RMBS is still in its trading range (about $76 to $86), unless it breaches $75 sometime next week, one should take an extremely positive attitude toward this stock. I myself will be a buyer in the $75 to $77 area, and if the Naz finally turns after an ugly beginning of next week, RMBS will be one of the few MOMO stocks still standing alive in a battlefield littered with the decaying bodies of yesteryear's generals. A lot of money will flow into the few survivors, IMTO, and that should be sufficient to take out that stubborn overhead resistance at $87 and possibly enough momentum could be generated to once more scale the barricades of the $100' and higher. Of course, a breach of $75 will render this post "invalid" and the post will "self destruct". (g).

Maybe the time has come to have a more constructive attitude to the market, at least till after the elections, next year... the deluge.

Have a good weekend

Zeev