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

To: McNabb Brothers who wrote (38244)	3/16/2000 12:50:00 PM
From: Zeev Hed	Respond to of 93625

Hank, I do not expect a "marginal new high" (namely between $471 to $485 or so) today. I think that naked calls are quite dangerous, RMBS could go to $600 in just two weeks, not that this is a fair value or something like that, but the short position could get it there. $330 is a "possible target", it may not be reached, and we may have to wait until some real bad news hit the tape on that (like for instance, what is happening with the memory card on the PSII, potential operational problems with the first few RMBS based units in the field etc., this child is still teething and technical problems should be expected.) I for one, did not wait until the "potential target was reached and jumped back in at $388 (it did go another $15 or so lower, and was within 10% of that "target). Zeev