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

To: unclewest who wrote (32385)	10/20/1999 10:52:00 AM
From: Jdaasoc	Respond to of 93625

unclewest: Do we smell reversal or does RMBS just plain smell. I am buying back my NOV 75 covered calls in preparation for best case scenario or allowing me to cover anew at lower strike price in worst case. Do I love this unlimited free trading at Merrill Lynch. Talking about NAZ down RMBS up being the norm, I think that NAZ is as good as can be expected with MSFT reporting only 16% sales increase in North America. NAZ reversal is not out of cards so RMBS recovery wouldn't seem totally unexpected. We have IBM earnings today, the largest commodity hard drive mfg., and Daewoo foreign debt repayment meeting on 28th. Things are not as rosy as they seem overall. good luck john