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

To: McNabb Brothers who wrote (38317)	3/17/2000 7:08:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 93625

Hank, this is an excellent premium if these are the 2000 April (I presume no other are outstanding). Just be careful with naked calls on RMBS, if the Turnips current negative stand proves wrong (and the turnips are wrong a good 40% of the time in general, and so far about 25% of the times on RMBS), RMBS can turn rapidly and make new highs, if that happen (which I think it is unlikely), $500 could be taken out on the next attempt at a new high. Actually, If I were in your shoes, I would reverse position if RMBS is able to close above about 433 in the next week. Zeev