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


To: REH who wrote (4330)5/28/1998 1:23:00 PM
From: Gary Wisdom  Respond to of 93625
 
I have good news and not so good news . . .

1. IMHO, the bounce that Rambus got today is from Nintendo. There was an article in thestreet.com yesterday about Nintendo presenting at some game conference. They expect console sales to go up with the introduction of a new game. The conference is today. Perhaps someone put 2 and 2 together and figured Rambus would benefit.

2. The volume is not enough IMO for anything dramatic to happen yet. As of the time of this post, it is 286K shares. We desperately need 1MM+ volume days to get us back on track.

Anyway, thought you might find this interesting. Maybe not.



To: REH who wrote (4330)5/28/1998 1:25:00 PM
From: Ken M  Read Replies (1) | Respond to of 93625
 
Off the top of my head this could be a short covering rally. We will know tomorrow.