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


To: Marc Schiler who wrote (45959)6/24/2000 1:41:00 AM
From: anandnvi  Read Replies (1) | Respond to of 93625
 
Re selling rmbs covered calls

Marc, I got burnt selling covered calls on rmbs. I sold when rmbs was $176 pre-split and was forced to buy back after the Toshiba announcement.

This is not to say that rmbs will continue its meteoric rise indefinitely, but this is one stock whose moves I admit I have been totally unable to predict.

Good luck
Anand