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

To: Jdaasoc who wrote (26049)	7/30/1999 5:01:00 PM
From: Jdaasoc	Read Replies (1) \| Respond to of 93625

S&P futures @ 4:35 PM 1331.8 down 18 for day. S&P closed at 1328 down 12. Looks like market sold off 1/2% after hours. I have been riding overweighted short position since 1325 S&P and have pocketed 8% in premiums the last 5 months and was forced to raise cash to meet maintenance requirements when we where at 1420 in S&P just 2 weeks ago. Giving up stuff like MSFT @ 95 and RMBS @ 114 weren't hard decisions. However, I got snookered in this week @ 95 and out again today @ 90. Will not touch any RMBS until 85 buying in back on way to 75 similar to the way I did in spring. RMBS is a real wild stock.