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

To: MileHigh who wrote (15453)	2/11/1999 5:20:00 PM
From: jmanvegas	Read Replies (2) \| Respond to of 93625

Hi MH: I nibbled on some RMBS the last 2 days under 72 and 71. RMBS is range-bound for now in my opinion - appears to be a close over 76 a tough very short-term thing to do. As a matter of fact, it was weak at the opening when NAZ was starting to power ahead. I think RMBS was dragged up by the strong move today in NAZ. Whether the lows are in is debatable - will there be a follow-up tomorrow in the markets - I hope so but I see a retest of the lows posted early this week and if they don't hold then we will see a final down leg in this corrective move. RMBS isn't running away if anyone has noticed - plenty of time to get on the bus. Need some compelling news, not the same old XYZ company licensing news that is appearing on a weekly basis. We need something very compelling to give RMBS the rocket lift-off. If not, then RMBS will be a tradable stock within a bound range until shipments of RMBS machines are around the corner - then we'll get lift-off. jmanvegas p.s. You should have looked me up in Vegas - I maybe could have gotten you some tickets for some strip shows.