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

To: Zeev Hed who wrote (21514)	6/2/1999 5:31:00 PM
From: jmanvegas	Read Replies (1) \| Respond to of 93625

Zeev, a Fibanacci retracement from the run-up from $51 to $89 brings us back to around $65-66, the breakout point from that up spike move. That level is also below the 50 & 200 DMA averages, historically, an excellent buying opportunity in the past. There is going to be a lot to overcome: Fud, technical issues, cost, market penetration, etc. But it will happen. Sure, RMBS will trade back and forth, but today's prices are cheap compared to what they will be in the future, JMHO. jmanvegas