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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 88.13+1.0%Nov 21 9:30 AM EST

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To: Scumbria who wrote (50126)8/17/2000 7:02:41 PM
From: chic_hearne  Read Replies (4) of 93625
 
Scumbria,

I'm considering opening up a large straddle position on RMBS September options ahead of the IDF. All public facts lead us to believe that Intel is going to cut RMBS loose any day. My gut tells me this won't be the IDF and that Intel may at least say it continues to back RMBS there.

As we all know, DRDRAM is dead and it all relies on the patent scam. Regardless of what happens at IDF, I see this thing moving BIG one way or the other after the IDF.

What are your thoughts?

chic

PS- My RMBS position that I sold Aug 70's on is going to get called away tommorrow, thank god.
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