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

To: Roads End who wrote (9957)	11/19/1998 12:34:00 PM
From: wily	Respond to of 93625

>>wily...the gap in the high 40s went unfilled for 2 1/2 months. One of the flaws in this analysis is there is no time line associated with it. Steve True enough. We don't know where INKT will be a month or two from now. But, I think the gap tool is generally useful for the short term, and where the rule is broken, it's a heads-up situation. I'm concerned that RMBS might be getting some internet type atmosphere around it and that it might turn into an INKT. That's why I bought back in today. May pick up some trading shares if it fills that gap. Also, there are two stocks that came to mind when RMBS broke out the other day. These are MANU and SPYG. They both broke similar long-term bases (MANU 3/98, SPYG recently) and the resulting near-term tops of those two would correspond to RMBS hitting 90-93.