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

To: Dave B who wrote (25856)	7/28/1999 4:21:00 PM
From: Jdaasoc	Respond to of 93625

Dave: I am back. Not as hyped_up_long as I want to be, but I will pounce once I see option expiration effect or good Intel news. I'll be happy with a day like today up 2 for the day. Give the shorts there 3 pts off the high for the day. However, they will short again at any chance. Each time those 1000 short shares of RMBS costs has a higher maintenance value. When we were at 70 in May and 6 M shares SI, the value of their indebtedness was $420 M. Now with a price of 91 and 5.1 M shares SI, the value of SI indebtedness is about $460 M. It seems the shorts are just making the minimum monthly payment due if you get jist of my idea. jd