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


To: Zeev Hed who wrote (37189)2/15/2000 4:25:00 PM
From: Steve Lee  Respond to of 93625
 
If we have a pop tomorrow at the open, then so long as it is not too convincing, I will take a small put position and try to go long lower. I reckon a 120 going long opportunity is quite likely. I just posted the same figure over on the SUNW thread (spreading the word to my friends over there).

Edit: looking at my account in the calm evening, I didn't realise just how much a percentage of my portfolio the RMBS positions were. They sure grew! It's not often I get confused as to what I have got and what it's worth.

I didn't really follow my other positions too much today. Did some nice call buying on INTC and MSFT that is already paying off. And my core INTC stock position is at an all time high. Seems kind of insignificant in light of RMBS gains.

BTW, I think MSFT is about to launch off. It has that coiled feeling that RMBS had a couple of weeks ago. Might spend some RMBS profits on more MSFT calls tomorrow.