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


To: Guy Peter Cordaro who wrote (31203)9/29/1999 11:49:00 PM
From: jmac  Respond to of 93625
 
I look at ways to reduce my risk all of the time. I would not want to be locked into RMBS until jan 2002. By then the stock could go to 200 and back down to 100, perhaps more than once and you would have to watch it all happen.

I don't like owning the stock here. Downside is high but so is upside. I don't think we will be waiting until 2000 to hear from intel about this problem. If the problem gets resolved, this stock is back over 100. I would look at the Jan 2000 70 calls. The premium isn't too bad. You get plenty of upside and your downside is limited (makes holding while a retest of 50 (if that happens) a little easier).



To: Guy Peter Cordaro who wrote (31203)9/30/1999 12:14:00 AM
From: richard surckla  Read Replies (2) | Respond to of 93625
 
Guy, I have a hard time knowing when to buy or sell stocks, let alone options. Over the years I've talked to a number of people, brokers and stock buyers. Some have made profits and some have not. I have yet to talk to someone that has made money with options. I guess I must be talking to the wrong people, because I know there must be some doing well with options, I just havn't seen any. To me options would be like a person walking up to a craps table and rolling the dice with never having done it before. A quick way to get your clock cleaned.