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

To: jim kelley who wrote (38696)	3/22/2000 11:28:00 AM
From: RepnikK	Read Replies (1) \| Respond to of 93625

Jim, I recon it's the same McNabbs who's been shorting DELL and YHOO all year long in '97. Them brothers shorted gazillions of shares and calls back then :)

To: jim kelley who wrote (38696)	3/22/2000 11:55:00 AM
From: McNabb Brothers	Read Replies (3) \| Respond to of 93625

jim, May be to you, but I sold 40 of the April $500 calls naked for $11 3/8 less about $60 comm. which leaves $45,440.00 that was credited to my account and as long as RMBS stays below $500 for the next month I will be in good shape. If they expire worthless as I think they will and I did that the next 11 months that would be a total of $545,280.00 on an annual basis. By the way that is just on one stock and I also sell naked puts on stocks I think are going up but would not mind buying if they did drop and at this point I have many more puts sold on individual stock than I do naked calls! Also it is much easier on my nerves and do not have to stay glued to my computer screen all day if I were just shorting or going long individual stocks! If the above is peanuts or penny ante to you, do you care to tell me how many shares you buy or sell of RMBS at a time? Hank