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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Diamond Jim who wrote (104301)6/9/2000 5:08:00 PM
From: Elmer  Respond to of 186894
 
Re: "Elmer, you believe this?"

I wish I knew...

For a long time RMBS was one of the stocks I wrote puts on every month. I made a lot of money off RMBS but I'm not writing puts on RMBS anymore.

EP



To: Diamond Jim who wrote (104301)6/9/2000 5:12:00 PM
From: Barry Grossman  Read Replies (2) | Respond to of 186894
 
Jim,

Intel doesn't own ANY Rambus stock.

They own options to buy RMBS @ $10/share but the options aren't exercisable until a quarter when a certain percentage, I believe it's 20%, of all of the chipsets produced by Intel in that quarter are RDRAM enabled.

So Woods of Cantor Fitzgerald doesn't have his facts straight. Does that give you the value of his opinion?

Barry


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