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

To: James Fulop who wrote (33296)	10/29/1999 8:08:00 AM
From: Jdaasoc	Read Replies (2) \| Respond to of 93625

TO THE THREAD: Please go here. I never seen so much effort on a web slide show with audio. This must be part of big ass Comdex booth presentation project. Imagine this on 40'x100' at 90 decibels on show floor. developer.intel.com

To: James Fulop who wrote (33296)	10/29/1999 8:11:00 AM
From: JH	Read Replies (1) \| Respond to of 93625

<Ugh. Found out this morning that Fidelity has upped its margin requirement again on RMBS> You mean "aha, Fidelity has LOWERED their margin requirement for RMBS"? If so, that's great news for "longs"! In the midst of the decline from 90 to 60 in late September, Fidelity raised its margin requirement for short put positions, requiring 80% - a painfully high amount, considering that under ordinary circumstances, the margin requirement is only about 35%. Looking at the margin requirement in my Fidelity account today, it appears that the 80% margin has been reversed, freeing-up lots of money which would have been otherwise locked up as a requirement for maintaining the short puts. With a triple combination of a green light from Greenspan, more green stuff available for people like me who are short puts on RMBS, and a short interest position equal to about half of the free float in RMBS, I predict a violent short-covering "melt-up" to at least $90 occuring sometime soon. But before that happens, $80 will be the first target. I'm buying more RMBS at opening. Sometime before the end of the year, I want to host a contest to see which RMBS investor has made or lost the most money from all this manic-depressive fiasco. I may have a pretty good chance of being a finalist in both categories...