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


To: unclewest who wrote (29382)9/12/1999 9:28:00 PM
From: jmac  Read Replies (1) | Respond to of 93625
 
I got a chuckle about SDRAM being more expensive than rambus by 9/27. But, I sure do like predictions of SDRAM going up to $15. This says a lot about demand. It's also been great for MU.

I will respect your right not to comment about stock price. But, consider this. What is good for a company doesn't always translate into stock price movement and that is what most of us who read SI are reading it for.

Once again, I am trying to limit my downside while leaving my upside pretty unlimited. I noticed that the highest strike price for a RAMBUS option is 120. Now, the Jan 120s go for 8+. So, do I decide to be content with 128 by Jan 20th, 2000 or do I go for broke thinking that this stock may move like QCOM over a short period of time. The float is awfully small on this stock.

Anyway, thanks for the comments.