Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 95.26

+3.1%

Nov 14 9:30 AM EST

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To: Bilow who wrote (43590)	6/6/2000 6:25:00 PM
From: pompsander	Read Replies (1) of 93625

Carl: I thought you were going to take a vacation. Didn't you promise to go away? <g> If you are worried about that stock price being up 300%, do what I do. My cost basis is around 73 bucks, so I just put stops in at about twenty percent below the current market price for about half my shares. I move it around a little, depending on the "news". Then I sell OTM covered calls on the other half. In the event of a huge run I would get called out I guess, but, hey, since Rambus is dead, dead, dead, I can buy it back lower later. So far, so good on this strategy. My 300% profit is still intact and I can enjoy your posts without too much fear that Wall Street will begin to pay attention to you and sell off all Rambus holdings in one day.

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