VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (18379)	11/21/2000 10:44:42 AM
From: im a survivor	Read Replies (1) of 65232

I sure hope rmbs does something....Yes, I know how volatile it is, but as of now, it looks like a major blunder on my part to sell all my qcom calls and half my shares the day of earnings when qcom was at $64, and exchange them for rmbs stock and calls. Qcom looks solid as a rock, the stock is up $20 from my sell price and the calls are up considerably as well. meanwhile, rmbs keeps trending lower and lower...the may 75's are now cheaper then what I paid for my may 100's ( 66% down currently ) while my may 100's are down 50+%. I know how quickly things can change however, and hope in this case, rmbs catches up...frankly, I feel as though I am too exposed to rmbs right now, therfor I am not averging down on the calls...not selling them...but not buying any more either. Hope the FUD on RMBS gets over with and hope jdsu makes a nice run after this election crap and clsoing of sdli deal.....keith

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