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


To: jmac who wrote (59303)10/31/2000 10:13:45 AM
From: Bilow  Respond to of 93625
 
Hi jmac; Re: "Didn't a couple of major memory manufacturers just announce major licensing agreements with rmbs and ramp up of billions of dollars of equiment to make rmbs memory chips?"

No. RDRAM is dead, dead, dead. RMBS is a patent play now. There must have been some investers who didn't realize this, and they dumped their shares on the news. Actually, with stocks it doesn't even require that. All it takes is for some traders to conclude that investers will dump their shares to move a stock down. I doubt that much of the premarket action was investers, those were traders. But now the stock has a broken looking chart, so the long term buy and holders are a bit wary. But it should be good for a DCB between now and noon.

-- Carl