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

To: wily who wrote (7859)	10/4/1998 8:09:00 PM
From: jopawa	Read Replies (1) \| Respond to of 93625

wily, Actually, it was good reading for the most part, though ultimately RMBS moves for two reasons, market conditions and news. The P and F, and the rest of the TA (never thought that I would ever see TA and think Technical Analysis, but I guess I'm getting old) mean squat when you talk RMBS. If RMBS comes out and says that they have a licensing deal with LU, do you think traders will look at the charts before they leap? If the markets tank next week and there is no RMBS specific news, we go down. If the market goes up next week, we go up. Pretty simple for RMBS. Now if you want to own PG, KO, GE, or other multi nationals, you're talking a different story. May tomorrow bring good news and a great market!! John (long again, and proud of it!)