Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 124.49

+7.6%

3:59 PM EST

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To: mishedlo who wrote (43290)	6/2/2000 11:02:00 AM
From: Scumbria	Read Replies (1) of 93625

mishedlo, What prices were these options and why not a narrower range? Likelyhood is both are worthless - right? However huge potential right? The puts were $1.50 and the calls were $2.50. I bought the big spread because I didn't want to spend more than $3.00 on any of the options. I figure the worst I will do is break even. No doubt RMBS will make a big move next week, and one or the other will double in value. On the other hand, the upside potential is huge. 1. Suppose DDR benchmarks beat DRDRAM by a wide margin? 2. Suppose the ITC rules that all SDRAM violates Rambus patents? Scumbria

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