SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: limtex who wrote (1752)11/20/1997 8:06:00 PM
From: OrionX  Read Replies (1) | Respond to of 60323
 
Since we're on a roll with rmbs, here is one post from the "Time to Short Rambus".

>>>>>
To: +Trufflette (34 )
From: +John Wallner
Friday, Sep 19 1997 4:00PM EST
Reply #38 of 52


>Hi John: Nice down move so far - 2+. Under the "magic" 65 figure.

Hello Trufflette,

Yes, it looks like RMBS is on a continuous downard trend. I predict this slide will last until mid-October or so. At that point, I think the price will begin to recover, as a big push is put on to market the stock in anticipation of the end of the 180-day lockout.
Then, it will begin to slide again.

Sincerely,
John Wallner

>>>>

Interesting prediction! Will it come to pass?
Today's activity may me for real but like so many others feel it looks fabricated, certainly H&Q's $100. target just doesn't add up unless the above statement was a correct prediction of what's to come.

Are we nearing a TIME TO SHORT?