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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: unclewest who wrote (23988)	6/30/1999 10:19:00 AM
From: JH	Read Replies (2) \| Respond to of 93625

>>What's "RMBS Christmas" ? << sept 5th, the expected camino release date. Thanks, Unclewest. Good luck to everyone trading this extremely volatile stock. As suggested earlier, shorting puts may be a good method to profit from decaying time value. If you have the money to pay for the underlying stock in case of an assignment, this may be a conservative way to take a long position in the stock. For example, the July 90 puts can be sold for $4-1/8. If RMBS trades at $90 or above at expiration, the premium is 100% profit. Otherwise, it's the equivalent of buying stock at $85-7/8.