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

To: Panita who wrote (17730)3/24/1999 4:25:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 93625
 
Sure Panita, but you got to hold me "harmless" (VBG), a rally from the retest of the 61 area all the way to $69/70 by the end of next week, could break to $76 without becoming yet bullish, then a turn back down, this time breaking 60 and reaching a low somewhere around $49 before the end of June (at least, I am consistent, more or less).

Zeev



To: Panita who wrote (17730)3/24/1999 4:27:00 PM
From: MulhollandDrive  Respond to of 93625
 
RMBS' chart has completely broken down as far as I can see, so the only rationalization I have for buying here was the possibility of a double bottom from the 61 low last month. I don't have a sell target, but will let it ride and "play it by ear" over the next few days. Buying in the middle of a geo-political crises doesn't seem prudent, but what the hay, it's only money.....

bp


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