Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: MulhollandDrive who wrote (7353)	9/22/1998 5:53:00 PM
From: Gary Wisdom	Read Replies (2) \| Respond to of 93625

Re: <<What do you think.....gap up or down in the a.m.?>> Let me take this one. The first 10 trades will be at $63. Then, the stock will tank to $60 on 5000 shares as the market makers screw everyone. Then it will slowly move up in a step like fashion throughout the day and close at $65. <ggg>

To: MulhollandDrive who wrote (7353)	9/22/1998 6:03:00 PM
From: MileHigh	Read Replies (1) \| Respond to of 93625

bp, I am baffled! Not that I have all the answers anyway, BUT a few thoughts: 1-I talked about a double top that formed around $67 or so the last few months, we did not breakthrough that. This actually looks like a triple top when going back 52 weeks..I believe we could get close to another test soon...If we get close we could see some short covering, as we might already be seeing it at these levels... 2-If the market is discounting significant news and we do not get any, I see 8-10 taken off quickly. 3-Could have the Intel Developers Forum news been positive enough in a "subtle way" to constitute this type of news? I do not think so, BWDIK. $- Sooo my answer is, I could see a gap up in the AM coupled with a nice move in the NAZ and then one might want to take some off the table if no news. Don is probably right, barring news to explain the pop one might want to take your profits before they are gone...After all, maybe RMBS is just acting schizophrenic again <ggg>. MileHigh PS- Maybe I should sell my calls now instead of last week <g>