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


To: MulhollandDrive who wrote (2349)11/20/1997 2:20:00 PM
From: KM  Read Replies (2) | Respond to of 93625
 
Up 15 5/8! We're gonna get the whole 50 today!



To: MulhollandDrive who wrote (2349)11/20/1997 2:35:00 PM
From: Michael Wilson  Read Replies (2) | Respond to of 93625
 
<< "drove the price up to levels it should have never reached" that's something for the market to decide, not the underwriters, nobody holds a gun to an investors head and says BUY! >>

My point is that Rambus is up big today for one reason. One of the underwriters put out a price target of $100. They could have done this to drive up the price, or they could have done this out of the goodness of their heart, to help all the little investors of the world make money. Which do you think is makes more sense?



To: MulhollandDrive who wrote (2349)11/20/1997 5:25:00 PM
From: Boplicity  Respond to of 93625
 
I am sure glad I changed my method and decided to just buy and hold this stock. Lucky enough to get it 42, 45, and 46. There is no way I thought it would rise like this when I was buying it, I hoping for this price sometime during 88.

Greg