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To: qorilla_watcher who wrote (30559)8/25/2000 11:54:00 AM
From: Sully-  Respond to of 35685
 
<<Why CREE for RMBS?>>

It was a tough call. I will be following CREE looking for another buying opportunity as I am quite bullish on them (will be looking to take a LTB&H position). I decided to switch to RMBS because of it's potential, plus I liked the premiums to write against. My investment in CREE was to try to get some appreciation in share price, then write against it. I was not overly excited with the premiums, so when it ran up yesterday, I booked my profits & moved it to RMBS.

Besides, I want to be able to rib Voltman if RMBS tanks on me <ggg>

Tim