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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: wgh613 who wrote (14212)	4/6/2001 4:40:50 PM
From: Zeev Hed	Respond to of 30051

Manny, Here just above $17, is a relatively low risk entry, with a stop loss at $15-3/8 or so, I have no idea who might win or lose in this situation, some believe that $15 is a pretty good price assuming RMBS does not win the SDRAM/DDR battle, if they do win that battle, I have stated before that I could see the bu$$ go to 10 times its current price (actually $150 is my target). If $15 is breached, the only other Maginot line is $12/$12.5 and then we may have free fall to the $6/$7 area. You got to play this one taking into account these levels. Zeev