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

To: SE who wrote (59334)	10/31/2000 11:34:58 AM
From: jmac	Read Replies (1) \| Respond to of 93625

CNBC reports that Intel spokesperson says nothing has changed with the relationship with Intel and Rambus. Intel still plans to use Rambus memory in its high end servers and that the P4 will ship with Rambus memory and that the planned ship date is 11/20. CNBC also rubbed salt in the wound by repeateding barret's comments aboput relying upon a third party for its technology. Also, Intel said that the cost of Rambus memory has not fallen as fast as Intel had hoped. So?

To: SE who wrote (59334)	10/31/2000 2:35:41 PM
From: Bull RidaH	Read Replies (2) \| Respond to of 93625

OT Spx count says we go to 1509.85 minimum or 1634.35 maximum in this rally, which is the 5th wave of an ending diagonal that began in oct of '98. And the ending diagonal is the 5th wave of the largest degree I know of, so my count says after this rally, we will reach the end of impulse wave higher... for quite some time. Afterwards, if the market makes higher highs, it will be jabs through on corrective B waves designed to suck money out of the uninitiated and to force clueless shorts to cover. The bias will be to the downside, and that bear market will make what we've just been through look like childs play. However, certain stocks like Rambus can still make higher highs until they complete their own respective wave patterns. Good stock pickers should be richly rewarded. What stocks do you like for this current rally? Maybe we could check to see where else Bilow is posting and wait for the right moment. <G>