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

To: Tim Luke who wrote (10955)	12/3/1998 8:29:00 AM
From: unclewest	Read Replies (1) \| Respond to of 93625

tim, we were up 8+ on a naz down day. wonder how we will do on a naz up day! unclewest

To: Tim Luke who wrote (10955)	12/3/1998 8:30:00 AM
From: MileHigh	Read Replies (1) \| Respond to of 93625

Why not? What changed since last night? RMBS as a company has not changed- what gives? If you were going to short it last night, why not today. Also, assuming the futures had settled lower, RMBS would have gapped lower. It is tougher to make a profitable short term short trade on stocks that gap lower, JMO. If anything, you might be able to short into this bounce. "IF", like some people, you think these rate cuts are a temporary fix... I would not do it though. MileHigh