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

To: Bilow who wrote (39134)	4/3/2000 1:21:00 AM
From: richard surckla	Read Replies (1) \| Respond to of 93625

Bilow, you're not listening... NOBODY PAYS ATTENTION TO SOMEONE THAT POSTS ON HOW TO MAKE A PROFIT OF $2.80. DON'T YOU GET IT? ------------------------------------------------------- To: unclewest who wrote (35769) From: Bilow Friday, Dec 10, 1999 1:20 PM ET Reply # of 39135 Hi unclewest; The round trip commission cost (marginal calculation, ignoring seat fee) on those 50 shares was $2.80 for me, plus the SEC fee... My profit before seat fee was about $9. Not bad for a few minutes of screwing around. I also pay a "seat fee" which is added into all my share costs for the day, but it is charged the moment I sit down. Of course I don't know what it will add on a per share basis, but that doesn't mean I shouldn't take trades that beat the marginal costs, just that I can't trade on an overall basis below the marginal costs plus the seat fee costs. Basically, I do this as a business. I like to make a lot of relatively small profits during the course of the day, rather than try to swing for the home run. So I count profits in terms of dollars per second, rather than in overall percentage moves. The idea is to keep my cash and attention ready for the next trade. Trading is a somewhat more complicated business than a lot of people think. I'm just slumming on RMBS today, cause I'm too sleepy to do my usual scalping of INTC, MSFT and DELL. But the stock has been kind to me, nevertheless. Best of luck, this puppy has to turn sometime, maybe today is the bottom. -- Carl