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


To: RockyBalboa who wrote (68046)3/16/2001 5:03:22 PM
From: Zeev Hed  Read Replies (1) | Respond to of 93625
 
Info, I did not say "in one day $15", nor did I have the slightest expectations of that move to completed in one day. nevertheless, the volatility was there to make some risky money today. Right now, we have only the old lonely low of 1999 at around $12.5 to support us, and with the downside momentum we have, it is becoming quite possible that that lonely support will collapse. If it does, you are looking at no support till the IPO price of $6.25 I believe. I think the stock will find support before that due to actual earnings, but that is difficult to determine without trading history in the range.

Zeev