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


To: KM who wrote (17473)3/19/1999 2:14:00 PM
From: jopawa  Read Replies (2) | Respond to of 93625
 
I betcha they pin the tail on the RMBS at $70 today.



To: KM who wrote (17473)3/19/1999 4:24:00 PM
From: jmanvegas  Read Replies (1) | Respond to of 93625
 
Trufflette: Don't know - but it closed below that 71 1/2 bid. Unless there is an upside reversal early next week, I believe RMBS is heading lower very soon. If there is a bounce from here, I would look to short for a trade only. To the longs - I'm still bullish long-term but not now. The street doesn't seem too enthusiastic about RMBS in the near term based upon money flows. Just my opinion. Good luck to all.

jmanvegas



To: KM who wrote (17473)3/19/1999 5:05:00 PM
From: Al Serrao  Read Replies (2) | Respond to of 93625
 
Trufflette, is there any way you can determine if the bids were shorts covering? Best regards.