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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 105.01-5.1%3:59 PM EST

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To: Steve Lee who wrote (49310)8/13/2000 6:14:37 PM
From: Mark Johnson  Read Replies (1) of 93625
 
<<Good thing about options is you lower your exposure. Had I held on to the stock instead of swapping for calls, I would have lost over $30 per share. The calls were much cheaper than $30 but gave nearly the same upside potential.>>

Aug 100 calls were $32 on June 23 when you posted this: Message 13933124

Let's see the post where you sold your calls or are you out $32 a share??

MJ
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