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

To: MulhollandDrive who wrote (2352)	11/20/1997 2:36:00 PM
From: Scott Maxwell	Read Replies (3) \| Respond to of 93625

It's not a short squeeze (mostly). After the lockup expired, some VC funds distributed shares to the partners and the sales (as well as the fear of more sales) held the price down. Just as the insider's sales were about over, H&Q (which knows the selling pressure is off because it has been doing much of it) releases their well-timed report to have a disproportionate impact; many investors had been waiting to time their entries, and suddenly they all rushed for the entrance. <g> Expect a fall back from this frenzy.