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

To: MulhollandDrive who wrote (5013)	6/24/1998 11:54:00 AM
From: REH	Read Replies (1) \| Respond to of 93625

Wednesday June 24, 9:16 am Eastern Time Company Press Release Day Traders On-line Subscribers Hit Big on Rambus, Pairgain, Cisco And Other Tech Stocks This Week MONTEREY, Calif.--(BUSINESS WIRE)--June 24, 1998--Subscribers to Day Traders On-line (http://www.daytraders.com), one of the Internet's largest trading sites, hit big Tuesday on Rambus, Inc. shares (NASDAQ:RMBS - news) when the stock rallied over 11 points. On June 22nd, members of the Trading Desk (a real time news and stock alert service which is provided to members via the web) were alerted to consider the purchase of Rambus, Inc. shares at $44. In the past, traders using the service had actually shorted Rambus shares for gains in excess of 20 points, but on Monday the 22nd it looked like it was time to go long. After the alert to buy, members entered the stock at prices ranging from $44 to $45 a share. The stock closed the day at $46.50 with members in the money, but that was only the start. Tuesday Rambus, Inc. shares climbed over $11 to as high as $59.50 a share before backing off slightly at the close; allowing members to realize gains of up to 15 points intraday, or an over 30 percent return in just several days of trading. Yet, Day Traders On-line is not just bullish on Rambus this week, they were also recommending several other tech stocks as well. In fact, in a recent edition of their morning stock market newsletter (a popular market report which is e-mailed to as many as 8,000 members and trial members each morning), the service suggested that money could flow back into the battered down and beaten up tech sector. With this idea in mind, senior market editor Ray Johns had recommend members position themselves in such stocks as Cisco Systems (NASDAQ:CSCO - news), Pairgain Technologies (NASDAQ:PAIR - news) and Jabil Circuits, Inc. (NYSE:JBL - news), not to mention a slightly higher risk call to buy shares of Informix Corp (NASDAQ:IFMX - news). As of the close of trading on Tuesday, those positions had returned gains of between 6 and 7 percent each in just a matter of days. Cisco Systems, specifically, was up 5 dollars from the original call to buy the stock at $81.875 a share on the 19th of June, while Pairgain yielded members over 18 percent in just two days. Other recent recommendations included positions in both Dell Computer (NASDAQ:DELL - news) and Intel (NASDAQ:INTC - news) shares at prices of $81 and $67.375 respectively. ''While these trades are excellent examples of what our service can provide to members, we also try to educate investors and traders as well,'' said Johns. ''Teaching members how to reduce risk in this market is just as important as locking down profits week after week... even on trades that yield as little as 2.5 percent we like to encourage members to take money off the table to reduce their exposer.'' Day Traders On-line (www.daytraders.com) is an on-line financial service that concentrates on short term trading and investing in stocks and options. Employing fundamental as well as technical analysis across a proprietary screening system of stocks, mixed with over 30 years of trading and investing experience in the markets, Day Traders On-line and their staff have proven that they can provide their members with a nightly report and intraday alerts that yield exceptional results while reducing risk to reward ratio when buying and day trading stocks. For further information about Day Traders On-line or to take advantage of their no risk, two week free trial offer of both their short term investment newsletter and real time Internet based trading site, please visit them on the Internet at their web site located at: daytraders.com or send e-mail to: info@daytraders.com.