Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: unclewest who wrote (18844)	4/17/1999 9:36:00 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 93625

Uncle West, I would agree with you that there was strong institutional buying interest at the 65 dollar level. It looks like institutions were looking to buy about 375,000 shares which is about 55 percent of Fridays volume. There was only one super buy though of 25,000. It is hard to tell if the rest of the orders actually got filled. This is a short term indicator. You need to see accumulation over a period of time for it to be a valid indicator of institutional accumulation. Yesterday was option expiration so this indicator will be distorted. Like any indicator it needs to put in context. Harry