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

To: Don Green who wrote (38093)	3/14/2000 1:48:00 PM
From: Jdaasoc	Read Replies (1) \| Respond to of 93625

Don: I have covered calls for Jan 02. Either they take the stock away at very hefty profit if RMBS goes higher in next 21 months or I hold the stock with a less hefty profit with RMBS if stock falls 20-30%. I still leave the option of JAn 03 leaps in a year's time. The days in which one thinks on a day to day level about RMBS are over. If you need some sense of day trading try another stock someone else recommended RMTR. My favorite is PANL. I am still able to trade the stock if RMBS becomes over/under valued. I feel 500+ is overvalued and 350 undervalued. So we have a long way to go before I take any additional serious action with RMBS. john