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

To: KM who wrote (19680)5/6/1999 12:45:00 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 93625
 
I wonder who Briefing.com's MS source is? The market is saying differently. The remark about "lack of follow thru after the morning spike" is deliberately deceptive, there's almost ALWAYS a pullback after a morning spike due to traders taking profit. Much more to the point will be how the stock closes. Today's volume is impressive...

bp



To: KM who wrote (19680)5/6/1999 3:48:00 PM
From: MileHigh  Respond to of 93625
 
Truff,

No need to worry IMO. Harmon admits he will need to pull a rabbit out of the hat to even meet estimates next few qtrs. Sure, you are not buying RMBS for current earnings, but the market will react negatively anyway, you know the game.

Long Bond above 5.70% not good, if Fed raises, nothing is going up in a hurry, JMHO.

MileHigh


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