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


To: Jdaasoc who wrote (33467)10/31/1999 10:34:00 PM
From: jwebtrade  Read Replies (1) | Respond to of 93625
 
John,
Thanks for the welcome. I too am looking for a good bounce in RMBS over the next couple of weeks. Friday, I bought a handful of the November 70 calls just before the close. I don't buy options very often. But based on Otellini's comments at the webcast (820 will ship in volume this quarter!) and a rumor I heard from a friend that funds were selling RMBS primarily for tax purposes, the timing seemed right. I'm obviously feeling great about all the news since then. My definition of an Indian summer: RMBS in the 80's this week!

JW