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

To: Dave B who wrote (24246)	7/8/1999 2:55:00 PM
From: Jdaasoc	Read Replies (1) \| Respond to of 93625

Dave: RMBS has held it own since the last option expiration date Friday Jun 19 right before PCEXPO. With July options expirations 2 weeks away, I am getting the feeling that RMBS is getting some benefit from option investors. We always got a additional boost near options expiration date in other months where RMBS was not selling off. I think some people are starting to exercise CALL rather than sell CALL coming due to close their position. PUT buyers @ 95 & 100, assuming a pullback, don't want to let their shares go that cheaply and are closing PUT's at a small loss.