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


To: richard surckla who wrote (21360)6/1/1999 6:11:00 PM
From: jmanvegas  Respond to of 93625
 
Yeah - the Fud is out and did a washout on our beloved RMBS. C'est la vie. Coming into breakout support of 65-66 mentioned late last week. Could see more weakness and head into low 60's or high 50's (this will be real brief if it gets down there, IMO). Sets up another great buying opportunity as RMBS is now below its 200 DMA. Each time this has occurred in the past, one needed courage to buy, unless RMBS is history and is closing up shop. (ggg)

jmanvegas