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


To: REH who wrote (5981)7/30/1998 9:33:00 PM
From: Drake  Respond to of 93625
 
REH, we're finally on our way -- watch out above, now that the institutions are climbing on board! This is really going to get exciting and fun -- all imo.

Enjoy -- it doesn't happen very often!



To: REH who wrote (5981)7/30/1998 9:46:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 93625
 
Is Rambus a trading stock? (see below)

Since June 15, the last time Rambus traded at $35.50, the sum of the daily ranges has been $137.44.

The total movement from $35.50 to $64.00 to $53.00 to $67.75 to $51.50 to today's intraday high of $63.25 = $81.25

IMHO, these wild swings is caused by the "thinness" in this stock. Today, when the stock moved up $6 in 10 minutes, it had no choice but to move up this much so fast as there weren't enough offers below that level to sate the needs of those that wanted to buy it.

Unfortunately, that works in both directions.

Still very long and for the moment, very happy.



To: REH who wrote (5981)7/31/1998 7:12:00 AM
From: REH  Read Replies (2) | Respond to of 93625
 
mckenziewebster.com - tell me what you think
(goto Rambus)
REH