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Technology Stocks : Intel Corporation (INTC)
INTC 39.51-3.1%12:10 PM EST

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To: Doug M. who wrote (69092)11/25/1998 12:49:00 AM
From: Elmer  Read Replies (1) of 186894
 
Re: "Although this is the Intel thread, I have to keep a keen eye on my Rambus position too (they are related to some extent). I sold some "extra" Rambus May 80 puts today in anticipation of Camino. I've made a bundle on Rambus leap calls, but I figured I could take in some extra premium (by writing those puts) with a successful Camino roll out. I figured there's little chance that Rambus will be lower than it is today if Camino is on time - I actually have a break even of 68. "

I've been making a very nice chunk of change every month writing Rambus puts and I'm almost disappointed I never get assigned <GGG>. Like you I am keeping my eye on any news of Camino. I have a feeling it's going well....

EP
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