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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 121.64-2.3%Jan 29 3:59 PM EST

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To: Zeev Hed who wrote (44966)6/19/2000 7:38:00 AM
From: Dr. David Gleitman  Read Replies (1) of 93625
 
Good Morning Zeev:

I'm a new poster on the RMBS thread. I have Held RMBS for the past 3 months and have made it a habit of selling CC's, which worked pretty well until friday morning, when it shot (way) past my strike price. If they could have only held out on their announcement for 24 hours. Anyway, so much for the risk taking. My question to you is that with all of the shares being traded/ calls being executed, my feeling is that there is going to be some early selling of rmbs, since a number of people may not have the money to exercise their calls which may result in a temporary retreat. Any thoughts on this. I'd like to jump back in, but not at 20 points above my sold strike price.

David
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