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


To: MileHigh who wrote (14163)1/25/1999 4:21:00 PM
From: jopawa  Respond to of 93625
 
Mile,

Several things are happeneing to the stock right now, but the most important thing is a perceived lack of urgency for investors to get in. The move to 110 was simply people afraid they were going to get left behind, and that "miss the train" mentality is gone. People were willing to overlook the uncertainty with RMBS as long as it was going up, but now nobody feels like they are going to get left, thus a drift to were people will feel compelled, mid to low 70's IMO.

Good Luck

John



To: MileHigh who wrote (14163)1/26/1999 12:54:00 PM
From: denni  Read Replies (2) | Respond to of 93625
 
>>I sold all my RMBS today between 86-87....I'll be back..

thanks, we needed something to get this tiger moving. 87 1/4