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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: George Schulte who wrote (33161)	10/10/2000 2:58:09 PM
From: bonnuss_in_austin	Respond to of 35685

George ... RMBS opinion: I continue to hold relatively small position in shares with about a $30 cost basis. I sold Jan 115 calls at a loss because the Micron and Hyundai lawsuits were announced one day apart. Then, just on Friday, a third suit was announced. Reason I sold the calls is that I think these lawsuits (and possibly more between now and January) could dramatically hamper short-term stock value. Also regarding the lawsuits, I figure if one of these competitor ever wins their case against RMBS patents, the whole thing will become a house of cards. Not to mention the general tech disastrous market conditions. Lawsuits, as we all know, can drag out forever. The second reservation I have about RMBS becoming the next QCOM rocketship -- especially within the next six months -- regards the fact that the split 4:1 after the incredible Feb/March runs. I'll continue holding the shares, but, in my mind, all option bets -- even LEAPs -- are off. JMO. 'b-i-a' ###