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Politics : Ask Michael Burke

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To: Ralph W. who wrote (64065)7/6/1999 2:33:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Ralph, I consider Rambus most likely to be a huge disaster but a ten percent chance at being a big winner, almost enough to justify half this stock price. As such, I would play it for a homerun or a zero here and buy January 50s. If it is a bust as I suspect, this dog will be in the teens for a huge profit. It they hit the 10% shot, the premium you lose will be less than a closer to the money option.
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