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


To: RetiredNow who wrote (15904)2/18/1999 11:49:00 PM
From: jmanvegas  Respond to of 93625
 
This correction is coming from much higher levels, especially for Naz. The pain will be more severe if it continues - love to see a high volume capitulation day to the downside. That's what the street is looking for. But maybe we'll all be fooled. Just maybe there will be a steady erosion instead of a final capitulation. I still believe that we will see Dow 10,000+ and Naz at 2800 this year. Anyone else what to make a guess. Good luck for tomorrow - to everyone.

jmanvegas



To: RetiredNow who wrote (15904)2/19/1999 12:04:00 AM
From: Estephen  Read Replies (1) | Respond to of 93625
 
yes, I remember the october 87 / asia scare. rattled my nerves so bad to see PMCS fall to 21 a share that I sold it first time it rallied back to 30. That stock hit 82 a couple of weeks ago. Almost a three banger in 18 mos. Almost 4 times from 21. And the story on PMCS isn't nearly as big. That's why I won't sell a single share of RMBS, even if it falls another 20 (which it won't). I won't make that mistake again. 9 months from now rmbs will be hitting on all cylinders, 120 a share, conservative. Followed by a few more 100% years.