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


To: MileHigh who wrote (21240)6/1/1999 12:46:00 AM
From: pompsander  Respond to of 93625
 
O.K., I'll go out on a limb...

the prediction for the open on Tuesday..

Rambus opens weak, with the first half-hour showing little support until it reaches 73 at about 10:00. There it sits in a narrow range between 73-74.5 until Noon. When it is clear the sky is not falling, institutions step in and move the stock up a couple of points. The impact of the Intel rollout and all the good news Uncle has been listing for us overwhelms the (as yet not officially verified) IBM news, which is not that huge anyway. The stock ends the day down two.

The FUD does battle with the rollout news for another three weeks, with no clear winner.