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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (61623)	6/7/1999 11:47:00 PM
From: Mama Bear	Read Replies (1) of 132070

" I wouldn't short Rambus, as the herd tends to take it up for no reason." Michael, I thought you wouldn't do a straight short sell of anything. If you can borrow IRID, you might want to take a look at a short/short puts/long calls for income. The October 25 puts still have a nice premium of 18 3/8 on the ask, and if you really want to, you can throw away 1/16 per contract on the calls. With the stock at 8 you get to cover for 6 5/8. Barb

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