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

To: LoLoLoLita who wrote (2550)	12/3/1997 7:16:00 PM
From: MASTEQ	Read Replies (2) \| Respond to of 93625

Re your Dec. 1st post mentioning "STOP of 58 on his (your) BUY TO COVER", my broker advises that "you can not put a 'Stop' order in on a NASDAQ stock unless we (Prudential) make a market in it." Are you dealing through a market maker...or is what my broker tells me wrong? Would appreciate any information on how to do what you were talking about. Also, I would suspect that any type of "Stop" order which the market makers see would be relying on their non-existant ethics...somewhat like putting a "Market" order in on any of these NASDAQ stocks...you should bend over when you do. As to your and "TEC's" more recent posts, long term (anything more than 30 days with this stock) I can't see more than 100x forward earnings estimates (and I have to laugh when I say that) but $50 is probably a reasonable cover target for now. Yup, I was profitable long...sold and went short just after the "it will be $100" b/s hype news release...and am squeezing numerous creases in the fabric covering the seat of my chair each day as there are darn few rational buyers or sellers (or analysts) of ths stock...and anything can happen either way for no good reason. Thanks, Mike