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

To: MileHigh who wrote (8632)	10/16/1998 1:39:00 AM
From: brian z	Read Replies (3) \| Respond to of 93625

RMBS was up big this week but the INTC caution and post earnings depression and trading profit taking may cause a pull back. Only up 3/8 today, on such a big day for NASDAQ. The last quarter's earnings (.07) was in line with estimates and they forecasted a huge increase for the next few quarters but until their technology starts shipping in Dell, CPQ, HP computers next quarter, the big jumps will not come so soon. So we should take profit here for trading ( I doubt RMBS can break or even reach the resistance around 65) and hope can get back at lower or mid 50s. Good company for long term but who knows the market?