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


To: abuck95 who wrote (15197)2/6/1999 11:27:00 AM
From: REH  Read Replies (1) | Respond to of 93625
 
Anyone notice a buy order for 4M+ shares at 4:15??

reh



To: abuck95 who wrote (15197)2/6/1999 1:25:00 PM
From: MWA  Respond to of 93625
 
abuck95-

I've been lurking for over a year and have owned Rambus since aug 97. This week I added more shares as I belong to the average up & down group with a long term perspective. Entry prices 56,52,43, 52, 61, 57, 107, 93, 88, 76, 74.

RMBS has been trending 73-83; touch of 72 friday was a break of double bottom ( could be false break however) on p&f chart. I bot and sold feb 80s - 3 1/4 / 5 3/4 on the 75-82 move; I also bot Mar 75s @ 8. My thought is the correction in techs and nasdaq will will run it's course early in week, currently not much damage has been done to leaders. With Dell earnings and INTC developers conference in the next couple of weeks and assuming no big down move in the market, a March call should provide a tradeable move for the short term. I continue to buy the stock at these prices.

BWDIK

mwa