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


To: MulhollandDrive who wrote (7541)9/28/1998 7:15:00 PM
From: Gary Wisdom  Respond to of 93625
 
Honestly, bp, I fully expect Rambus to close flat tomorrow. It just seems to do that. One day, the buyers love it, the next day no one cares. What's more important to me is holding $60. That seems to be the key number the past four months.

Again, the Micron news "should" really help Rambus as unit sales were up. However, I just don't know anymore. I don't think anyone does.

BTW, the "selloff" was on BS volume. 94K shares drove it down $3 in the last 15 minutes. 1.6MM shares were traded above $69. Now, you tell me, which figure is more impressive to you? IMHO, the 94K shares were daytraders getting out at any price. FWIW.