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

To: MulhollandDrive who wrote (2809)1/20/1998 8:01:00 PM
From: MoneyPenny  Read Replies (1) | Respond to of 93625
 
just a question since it hasn't been mentioned here today. I looked at the day chart for RMBS on Yahoo and it looked like RMBS stopped trading today at 12:15 pm then there is a flat line up to a very large volume trade (the 300,000 share alluded to earlier by the poseur) at 48+ at the close. What is this? Looks very odd to me. Thanks, Sharon



To: MulhollandDrive who wrote (2809)1/22/1998 3:00:00 PM
From: Scott Maxwell  Read Replies (1) | Respond to of 93625
 
H & Q continues to beat the drums for the stock. We should discount reports and recommendations from the underwriters, as usual, but even non-impartial observers are sometimes correct.

Recent weakness may be due to Tuesday's opening of the "window" which allows insiders to sell -- not as bad as when the lockup expired, but the selling pressure is similar. The last time this happened it was a buying opportunity.


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