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Politics : Ask Michael Burke
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To: Earlie who wrote (75606)2/11/2000 6:07:00 PM
From: Terry Maloney  Read Replies (1) of 132070
 
Hi Earlie,

Yes I saw your post on RMBS the other day, that's what got me thinking. You've convinced me there's a good possibility the stock will collapse (maybe even implode?), but the question is when. The puts on it are pricey, so I wouldn't want to have to reload too many times. <g>

Mar 80's & May 65's are both about the same price ... how far do you think a stock like this is likely to drop, whenever Intel pulls the plug? With nothing much going for it I'm guessing that it might become a broken stock under $20, making May's the safer bet ... or is Wall Street not going to hate it that much?

Regards,
Terry
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