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


To: MulhollandDrive who wrote (9127)11/4/1998 1:41:00 PM
From: sam  Read Replies (1) | Respond to of 93625
 
The point, for me, is I would expect it to trade up with INTC today, because it certainly will trade down with INTC when INTC consolidates.



To: MulhollandDrive who wrote (9127)11/4/1998 7:53:00 PM
From: MileHigh  Read Replies (1) | Respond to of 93625
 
bp,

There was a "V" bottom at 51 in early Oct and shot up 20 points in less than a month. You people seriously don't expect some profit taking and consolidation here?


Why aren't investors taking profits in LU ($86.5) after its run from $55? The same Question on AMAT ($35.20) on its recent run from $22?

RMBS is not exhibiting profit taking - it is selling off in the face of a VERY strong move in the market- that is not a good indicator.

Just my opinion,

MileHigh