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


To: Don Green who wrote (4229)5/18/1998 7:43:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 93625
 
Don, volume is only important in context.

600K shares traded today.
420K of those traded in the last hour.

Any other day in the past 2 weeks, Rambus would have been at $39.
Today, we closed down 1/2.
And 3/8 of that was due to a whopping 15K shares traded in the last 8 minutes.

This baby looks like it has pretty damned good support at $43. Someone was buying those huge blocks. In the past, it would have been a nightmare day if not.



To: Don Green who wrote (4229)5/18/1998 7:46:00 PM
From: Thomas P. Friend  Read Replies (2) | Respond to of 93625
 
>>NO-body considers Rambus a large cap stock...

I doubt if it is even considered a Mid-cap..
<<

Sorry, but I could be silent no longer. Don, do you think you have the power to change the definitions of what categories stocks are in? Shares x price = Market capitalization. It is a formula. Rambus has a market cap of about $1 billion dollars. This is solidly in the midcap range, and depending on whose definition you use, it can be considered a large cap.

Ibexx, I think it was you a while back that asked people to post only relevant, pertinent, factual information, or post nothing (I'm paraphrasing what I remember; forgive me if I'm incorrect or off base.) I find it helpful to read all the posts, because they help me to separate the wheat from the chaff when it comes to those posting here. I can now go through the new messages on this thread and know immediately which posts are worth a thorough read and which ones can be skipped over with a glance (and maybe a grimace or a chuckle).

Absolutely no offense intended towards any of you RMBS posters, but there is a lot of naivete here. All of the posts make it easy to judge who's credible and who's suspect.

One final comment: Think what you want, because you're going to anyway. But if you think the RMBS stockholders on this thread can start a short squeeze, I'd call that very naive.

Please don't take offense; maybe I'm the one who is naive.

Tom



To: Don Green who wrote (4229)5/21/1998 7:47:00 PM
From: KM  Read Replies (1) | Respond to of 93625
 
Yeah, that's a helluva short squeeze we've got going. I think they got it wrong and decided to squeeze the longs instead <ggg>.