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

To: MileHigh who wrote (8671)	10/16/1998 10:30:00 AM
From: stephen wall	Respond to of 93625

Mile, If you notice RMBS has settled in and is tracking the Nasdaq like a shadow.

To: MileHigh who wrote (8671)	10/16/1998 10:33:00 AM
From: MulhollandDrive	Read Replies (1) \| Respond to of 93625

Milehigh, The point I made earlier about RMBS being a short sellers nightmare holds. The only thing different about RMBS today was the size of the gap on the open. The short cover spike usually occurs early a.m., fades and then once the price stabilizes, buying comes in toward the close. I'm sure those 10+ point days still reverberate in the minds of many shorts, so they are quick to cover on news. Bottom line here is that you can expect extremely volatile price movements in RMBS, but the uptrend is intact. Buy the dips. bp