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


To: MileHigh who wrote (14390)1/28/1999 9:14:00 AM
From: DownSouth  Respond to of 93625
 
MH,
I had to take a business trip Monday night and new I couldn't watch the market, so I put in a RMBS sell at the open Tues and got out at 83.5. (I got in at 96.5 a few weeks ago.)

Glad I did it, as I lost my zeal for RMBS ONLY IN THE SHORT TERM. Now I will move back in slooowly.

I still believe in this company and expect it to make me a lot of money, if I can just get smarter.



To: MileHigh who wrote (14390)1/28/1999 10:07:00 AM
From: Bernard Super  Respond to of 93625
 
Mile High - Yes - the premise I have been trying to check out is whether, by and large, shorts will stay away from RMBS because they were badly burned by the huge gap-up in June, after last years protracted short selling assault that pushed the stock down to the 30's. Plus the fact that today we are that much closer to an earnings surge from the PC ramp-up.

Nevertheless the question remains as to how much of the block selling yesterday was short selling. According to MarketGuide's response to my question, we won't know in time to do anything about it!

Regards - Bernard