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

To: Alan Hume who wrote (15492)	2/12/1999 8:31:00 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 93625

Alan, I think that we have few good weeks, the key, will be IMHO, the continuation of good breadth, and rapid expansion of the new highs list. If that does not happen, the turnips scenario of a late spring relapse will have a much higher probability to play out. Right now, I still think that TMBS will only get the the $82.5 or so area, maybe with an intraday "fake out to $87" and dropping back the same day. It is a "playable rally" but I do not think we have put a real bottom on RMBS and feel pretty sure that 70 will not only be tested, but breached. Long term, you know my opinion. Zeev