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

To: jopawa who wrote (13934)1/20/1999 6:27:00 PM
From: jmanvegas  Read Replies (1) | Respond to of 93625
 
jopawa,

I agree. Could go as high as the mid 90's and then drift downward. I think Nasdaq is ahead of itself. Just take a look at the MSFT candlestick chart. The internuts appear to be in major correction mode, may affect the other tech stocks overall. If this happens the market will set itself up for a major buying opportunity including internut stocks. Just my 2 cents.

jmanvegas



To: jopawa who wrote (13934)1/20/1999 8:48:00 PM
From: Rosemary  Respond to of 93625
 
John,

You may be correct with the risk/reward scenario at this point, short term. Since Greenspan cooled the market off a bit towards the end of the session with just a small remark, it shows how quickly people tend to forget the good reports we've been seeing in technology.

Even if we have a market correction, those stocks will be right back, the ones with those blow out reports, that is.


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