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

To: Zeev Hed who wrote (20084)5/12/1999 3:14:00 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 93625
 
Zeev,

We had a little bit of a bump in the road in the low 70's, but the way it blew thru the resistance was confidence inspiring. I thought as I indicated yesterday that if RMBS took out the 50DMA today that we could begin to see some short covering, but as you well know, these things don't happen in a vacuum.

bp



To: Zeev Hed who wrote (20084)5/12/1999 3:19:00 PM
From: Al Serrao  Read Replies (1) | Respond to of 93625
 
Zeev, since there over 5 million shares short and only 2 million shares traded so far today then there are still 3-4 million short. Lots of covering left to give us a nice three day run. Mid 80's not out of the question. Hold on to your underwear.


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