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


To: Don Green who wrote (31653)10/6/1999 1:14:00 AM
From: Richard Habib  Read Replies (1) | Respond to of 93625
 
Don, that's the point, it doesn't make any sense. On the other hand, the market is obviously saying a solution is reasonably at hand. That's the only way I can interpret RMBS not selling off on news that Samsung, Toshiba and NEC are all diverting resources away from RDRAM.

I've been playing this thing conservatively with short term puts and leap calls. Hell of a thing, because odds are you could make alot of money one way or the other on this thing if your bold. It's trading about mid way between two short term possibilities, 38 and 90. Pretty decent point move - all you have to do is decide which way. Rich