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


To: unclewest who wrote (10024)11/20/1998 4:03:00 PM
From: MulhollandDrive  Respond to of 93625
 
unclewest,

>>up on low volume<<

What I find interesting about RMBS is that even though the overall volume on any given day in total can be low, it really depends on the money flow hour by hour how the stock price reacts. I think that is a reflection of how little shares are tradable right now. When you have selling pressure during the day, the price drops significantly on lower volume, then can turn on a dime when the buyers step in.

bp



To: unclewest who wrote (10024)11/20/1998 10:32:00 PM
From: MileHigh  Read Replies (2) | Respond to of 93625
 
unclewest,

I was out all day. Have not had a chance to look at the action, but my first reaction is that after looking at last nights close, it looked like we were about to fall off a cliff to the low 70's, but we did not. We still may, but the longer we trade around this level, the better.

I strongly believe that we will get increased analyst coverage after the COMDEX show along with RMBS' increased visibility of late. And these new analysts are not going to give a "sell" rating <gg>

Also, sooner than later, the funds are going to end up on CNBC and the like touting their positions in RMBS (after they have taken them)

MileHigh