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To: Seldom_Blue who wrote (5940)4/4/2000 10:43:00 AM
From: Poet  Read Replies (1) | Respond to of 8096
 
Hmmm, that's a really tough question. I like RMBS, but not enough to own more than a small amount of the common, as the volatility, combined with the downward movement on the Nasdaq right now, is a portfolio killer.

I guess I'd cut half my losses on the next upward spike of the Nas and either repair the other half of the position or get ready tohave the stock put to me, knowing I can write covered calls to generate income until the Nas begins its next upward trend and/or RMBS makes its presplit run (splits 4:1 on June 14th).