SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Neomagic Corp. (NMGC) -- Ignore unavailable to you. Want to Upgrade?


To: HEXonX who wrote (2436)2/2/1999 11:47:00 AM
From: wily  Read Replies (1) | Respond to of 3645
 
*******OT*******

I don't see anything particularly contemptuous in their report. They say explicitly that the bottom is potentially LOWER -- in the mid sixties. They had plenty of opportunity to sell a few weeks ago in the hundreds, so I doubt they are trying to get rid of more shares, but who knows? I guess you could make the argument that the general public only sees that the stock is upgraded, while favored customers see the actual text of the report with the price prognosis. I was once a (not terribly valued) Merrill Lynch client. One morning they called me recommending Boston Chicken. The stock bumped up for a few days to 22 or so on the strength of their push, and subsequently drifted to near zero (or zero -- I don't see anything for a chart now). So, maybe Rambus IS doomed <g>.

Re: Short PER

I thought you couldn't short an IPO since it is not marginable.