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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.23-11.1%Dec 12 9:30 AM EST

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To: richard surckla who wrote (47987)7/27/2000 11:35:05 AM
From: pompsander  Read Replies (1) of 93625
 
Hey, I have made lots of dumb posts over the years too. Don't leave ME out!!1

Here is an investor's story. About six months ago I began to sell covered calls each month on about 1/4 of my RMBS holdings. Pocketed the premium each month until the big breakout.....had 1/4 of my position called away at a net price of (gasp) 68 bucks!. When we quickly lifted to 120 I was kicking myself, (almost kicked the original pomp, but she is far too quick). After a week or two of agony...well, things settled down. And today we have come full circle.

What a stock. Now, do I buy back in or wait? I think I will wait a little.

Dave, I, too, thought the price wars would come by now. It may just be a little too early. I could see Late September, October time frame shaping up. Still a real possibility, I think.
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