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

To: RetiredNow who wrote (15650)	2/16/1999 5:56:00 PM
From: jmanvegas	Respond to of 93625

I'm going to nibble tomorrow - don't know my target, probably the high 60's if it gets there, then nibble some more if it gets to the mid 60's. I'm going to nibble on other tech stocks as well - SUNW, CSCO, BRCM, AOL, MSFT, etc. Selling anything tech tomorrow at the opening, in my humble opinion, would be silly. The tech stocks are going to open way down tomorrow so why sell. The damage would have already been done (it's a foregone conclusion), unless one thinks that this is the start of a major correction that would decimate portfolio values. In that case, people will be trampling each other to get out just like a European soccer game. Then we have ugliness. Tomorrow is going to be real interesting. NAZ is going to either tank or reverse off the morning lows. One or the other may indicate the direction for the next few months. When you really think about it, DELL did great, they just didn't blow out analyst expectations - more competition from all the box makers. Who cares what box people buy unless you happen to own one of those companies. It just means to me that more people are going to have to get connected, therefore, I like some of the stocks I mentioned above. RMBS will get stung tomorrow but RMBS is not a company that anyone on the street is looking at currently to meet or beat overextended expectations. That fun will begin next year. jmanvegas