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


To: jopawa who wrote (6632)8/24/1998 10:49:00 AM
From: Rosemary  Read Replies (1) | Respond to of 93625
 
John,

Absolutely. That's what I look for that all important ability to hold and base at a certain number. It's almost acting like it's immune to market conditions.

Ummmm, John, it went to 67 intraday the last run-up. I was watching for that to happen. Another show of strength.



To: jopawa who wrote (6632)8/24/1998 8:21:00 PM
From: Timothy Liu  Read Replies (2) | Respond to of 93625
 
62$ was a resistance that RMBS tried in vain to break several times. Now it is a strong support. I don't think we will see < 60 again.

The market however will be weak as we enter the 'earning warning' season. But Intel just came out with positive comments so I do not see reason for downward movement in RMBS.

Tim