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


To: Alan Hume who wrote (20430)5/19/1999 8:38:00 AM
From: capt rocky  Respond to of 93625
 
alan and all. short covering had some to do with rally, but the small float works to bulls advantage here. there is simply not enough stock to go around at this price. as price goes up some will sell , but not enough to allow the stock to drop much. yesterdays rally, 300,000 shares at the close, boosted price 2 points. bodes well for a huge rally this am. the temptation is there to take profits, but i think not. this thing of ours is drawing near to bursting upwards and the float is our friend.ALL the news is now when ,not IF. when the big funds jump in the sky is the limit and it will fly like an ipo. at the first sign of intc advertisement it will be to late to buy. (but a great time to take a little profit.)the next month is traditionally slow for techs. rmbs should be the exception. rocky



To: Alan Hume who wrote (20430)5/19/1999 8:53:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 93625
 
Alan, the last short position (April 15th) was 5 MM shares, but many drops of waters have streamed down the Jordan since then. We should get the May report soon, and it will be interesting to see the change. Mind you, there is a lot of shorting of this rally as well (as one of our own participants mentioned).

Zeev