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

To: freeus who wrote (61903)	11/28/2000 8:04:05 AM
From: edamo	Read Replies (3) \| Respond to of 93625

lynn...."what's wrong with rmbs" same thing that is wrong with the majority of listed nasdaq stocks........more sellers then buyers......an inefficient market attempting to normalize..... compare the trading patterns of brcm and rmbs. in mid october brcm at 255, currently 97....rmbs at 68, currently 52....rmbs revisited 68 during this period. brcm under extreme distribution, hence the sharp drop....rmbs biased to accumulation, therefore a choppy wide basing action. both are heavily shorted, brcm not as elastic as shorts are closed.....rmbs accumulation and dropping share price indicates divergence......this may be a sign of ability to snap back sharply..... comments based on momentum and volume, fundamentals still must remain strong in either case.....brcm high pe, rmbs no pe......rmbs potential is in its intellectual property...very similar to how qcom is perceived.....bad market, bad perception.... good luck...ed