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Technology Stocks : Veramark Technologies Inc. (Nasdaq: VERA) -- Ignore unavailable to you. Want to Upgrade?

To: E. Graphs who wrote (96)	6/6/1999 2:16:00 PM
From: MileHigh	Respond to of 221

e, I am the one who said there was no "true" gap. A true gap is where the previous days high and the next days low do not overlap anywhere in the entire prior trading history of the stock. There are plenty of intraday gaps and RMBS fills these nicely (I should know I am a RMBS junkie <gg>) Our bone of contention is the "true" gap thesis. That is, RMBS has in the past trading within, around, all around from 110-35.5. Therefore, no true gaps. Show me the real gap! We are just arguing semantics, that's all. Regards, MileHigh

To: E. Graphs who wrote (96)	6/7/1999 12:43:00 AM
From: J_W	Read Replies (1) \| Respond to of 221

Hi E, If this support at 6 breaks then I am afraid we will see low 5's again. But given this company's improving financials, this should be short term. Many of the softwares are suffering from this perceived "Y2K has affected sales" thing. Whether there is such an effect of not I can't tell you. IMHO there is a minimal effect at worst. If you have a Y2K problem then you HAVE TO replace software. Fixing old software is just putting off something you will have to do anyway. And when you are done fixing it you still have old software. If customers have not already fixed or started fixing their Y2K problems by now, then it is already too late to get it fixed in time. If we do drop significantly below 6, I think this will become an excellent buying opportunity. I've found sometimes we have to take a dip before we can start moving up again. If July earnings for the softwares are good then that will be the end of this Y2K effect thing. If not, it is going to be dragged out for another quarter. OT Back to your RMBS "gap" (real or imagined?). When I looked at it, I thought I saw the gap too. iqc.com But, if you look at the same period using 60 min instead, iqc.com there is no gap. What you saw as a gap, is an idiosyncrasy of IQC charting. The green moving average line wiped out the underlying trading trace, making it appear like there was a gap. Fooled me too! Anyway glad to see you picked up some RMBS. Whether 67 proves to be a short term low or not who knows. I think it is just as likely we will be back above 80 again shortly. I am equally convinced that given a good amount of FUD we could be below 60. Long term I am very bullish on this stock. Besides, also having an electronics background has helped me to really understand what they do. I have no doubt this will become the next memory standard. What they are doing is truly evolutionary. The question is when. When you start seeing "Rambus Inside" stickers it will have happened. But there is and will be a tremendous amount of FUD associated with RMBS. Just look at what happened last Monday! I am very tempted to trade in and out of this stock. But picking your entry and exit points can be tricky. Just ask Don Green. Determining when it is overbought and oversold is the key. A good FUD meter would be helpful too. <gg> Good luck with your trading, Jim