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


To: MileHigh who wrote (3579)4/7/1998 9:18:00 PM
From: Jeff Jordan  Read Replies (2) | Respond to of 93625
 
In this instance, with RMBS gapping from 40-43, do we need to come down to 40
to fill the gap or somewhere in the middle of that range or exactly what??


This is called a bargain or a Buy recommendation?<g>
Jeff



To: MileHigh who wrote (3579)4/7/1998 9:57:00 PM
From: Gary Wisdom  Read Replies (3) | Respond to of 93625
 
Milehigh, I'm not the right person to ask really technical questions, but to the best of my knowledge, we have finished "filling the gap" when we sat on $43 today for 90% of the day.

The rally to $44 3/4 should mean that this BS is done with for the time being.

You'll know if this is true if we get a strong market day and Rambus moves up with it. If it doesn't move up on good volume, then who knows where it'll go next.

It sure isn't a boring stock. BTW, yes, filling the gap seeks to make the weak hands capitulate and sell. I was almost one of them today, but held. Hope you did too.