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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 93.43-17.8%3:21 PM EST
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To: MileHigh who wrote (8293)10/9/1998 12:05:00 AM
From: Gary Wisdom  Read Replies (1) of 93625
 
VERY INTERESTING NEWS ON RAMBUS

Today, 620 of the October 50 calls traded. That is big in itself. Especially with 6 days left.

However, 375 of those traded in one block when the stock was much lower. It was actually $50 at the time of the trade.

The trade went off at $4.25.

Now, for you naysayers, that's a $160K purchase of out of the money calls with 6 days left.

That's a professional knowing something.

That's all I wanted to say about it.
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