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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (57989)	4/29/1999
From: Don Lloyd	Read Replies (2) of 132070

MB - (...And committed Intel to Rambus...) Speaking of which, Rambus would appear to be a stock that will likely approach either 120 or 0, or both, within the next 18 months. It has Leaps available with strikes between 40 and 90 for Jan 2001, and with strikes between 35 and 120 for Jan 2000. For the 2001's the 90 calls are about 17 and the 40 puts are about 10, all for the stock within a few points of 60. Would you have any ideas for effective strategies to consider for combinations of long, short, or no stock combined with puts and/or calls (not necessarily Leaps, and not necessarily long) to play either or both sides of possible stock movement? TIA, Don

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