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


To: MulhollandDrive who wrote (20418)5/18/1999 5:26:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 93625
 
bp, hey, the day I posted on RMBS the stock still had a low of $59, if I remember correctly, not far from a buck or two were I bought in. So, everyone had ample time (and I believe I said so on the thread here that the stock could still be had around $60, and as usual, I was wrong, it could have been bought under that <VBG>). What is more material is that from here on, the FUD will become quieter and quieter, while announcements of initial shipments or at least plans to ship products including RDRAM are going crescendo into a roaring storm. The 5 MM shorts (those that have not covered in the last two weeks), may have to work very hard to break even soon. Watch this stock erumpent.

Zeev



To: MulhollandDrive who wrote (20418)5/19/1999 7:43:00 AM
From: Alan Hume  Read Replies (2) | Respond to of 93625
 
Hi bp,

do you happen to know the current number of RMBS shorts? More than any other factor I believe it was their recent exodus which commenced this rally

Alan