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

To: Jeff Jordan who wrote (3130)2/20/1998 11:55:00 PM
From: Ibexx  Read Replies (2) | Respond to of 93625
 
Jeff,

IMHO, technical analysis is less meaningful, if at all, for a "story stock" with short trading history.

A number of well known technical websites decline to include RMBS in their analysis, citing insufficient data. (Not to mention all the wild cards re. new product/business developments, IRAQ, and presidential soap opera.)

Just my 2 cents.

Ibexx



To: Jeff Jordan who wrote (3130)2/23/1998 4:07:00 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 93625
 
Jeff, nice RMBS move today. You have a point about the moving averages, frankly I bought Friday for technical reasons. I was calling for RMBS to make a "higher" low on the most recent pullback, if this holds, don't you concur that it is bullish for the moving averages to move higher? bp


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