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

To: Ibexx who wrote (13725)	1/16/1999 3:09:00 PM
From: Don Green	Read Replies (2) \| Respond to of 93625

Bullish on Rambus For the first time in a LONG time I am actually Bullish on Rambus short term. This last week's action really tested and proved to me the underlying strength in Rambus. Some really strong demand developed, when the stock tumbled after hours to 75... I was sure we would have a meltdown to the low 60's on Friday. But luckily the Overall Market did us a favor along with Brazil, and the market and Rambus had a strong bounceback. This market is determined and destined to take out 10K on the Dow in the coming weeks..and IMO nothing can stop it. A lot of stocks will rally to new highs in that travel and Rambus should be one of them. But with that said all bets are off when we take out 10K, because IMHO, 10K with provide an anti-climatic peak....followed by a MAJOR CORRECTION to the market very soon afterward.. and how low we can go is anyone's guess. Regards Don