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


To: Gary Wisdom who wrote (14071)1/22/1999 8:50:00 PM
From: jmanvegas  Respond to of 93625
 
Each time RMBS went under the 50 DMA for the past year it presented a buying opportunity. Schotastics indicate a very oversold situation. I started to scale in again over the past 2 days. It appears that there is selling pressure when the stock goes over 90, but if this is because more shorts are entering at that level then I view that as positive over the intermediate term. Good luck.

jmanvegas