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

To: Mark Ivan who wrote (19588)	5/3/1999 1:01:00 PM
From: unclewest	Respond to of 93625

mark, i am long long long and staying that way. my prediction for the big move has always been between now and 2002-2003. unclewest

To: Mark Ivan who wrote (19588)	5/3/1999 2:22:00 PM
From: Bomar	Respond to of 93625

Mark, I agree with your comments 100%. It will be the fundamental issues that decide the fate for this stock not a few 1000-5000 share lots being restricted to smoke out the shorts. Just short of Steele from NH executing this, it wouldn't make alot of difference. (If he did do this, though, it would be a highly amusing spectacle and would beat watching the stock trade 59-61 for days on end.) Obviously this is not a case of a slight dip in price. This thing has gotten crucified in the last weeks. It went down on what seems to be vicious rumors and it will recover if and when those rumors are dispelled. The real engine to the stock price will be good institutional support. If the value is there, these holders will not sell but add to their positions. It is the quality holders and the support of the analysts that will run the stock back to its trading equilibrium (68-80) and then hopefully closer to the analyst price targets (MSDW--110 and SBCW--150). I am not worried at all by the shorts. I am personally bullish on the stock with short 50 and 55 puts, long stock with a covered write at 70. Thanks, Bomar