SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: unclewest who wrote (25564)7/23/1999 12:54:00 PM
From: Jdaasoc  Read Replies (2) | Respond to of 93625
 
Unclewest:
Based on MAY JUN and JUL option expiration date related rises I plan to be long RMBS at least 1-2 weeks before AUG option expiration date of AUG 21. Quick look of table indicates that RMBS goes up 17 points on average every week before options expiration.
Date Close
5/14 75
5/20 86
6/11 81
6/11 99
7/13 89
7/16 113

If earnings expectations still play out as expected(50% market share RAM by mid 2002), RMBS should repeat these performances as more people jump on the bus via options.

IMHO
closing low between now and 8/14 95
close either 8/21 or 8/24 129

Monkey-see monkey-do mutual fund managers should give us another 4-6% decline in NAZ average in next two weeks. I think RMBS should cooperate in my desire to buy in at 95. I am at 30% cash right now and I am starting to put in my GTC orders. I expect a higher probability of a FRIDAY close or Monday morning purchase due to REGISTER or ENBS FUD article.

jd



To: unclewest who wrote (25564)7/23/1999 1:05:00 PM
From: Matrix_Man  Respond to of 93625
 
Uncle - you mean there is someone you haven't told about RMBS! ;-)