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


To: Ian Anderson who wrote (60118)11/3/2000 1:18:50 PM
From: Jdaasoc  Read Replies (1) | Respond to of 93625
 
Ian:
I think you may have made the wrong call here

I was a buy and hold until I wretched up so much RMBS stock in Apr that I have sworn off large lots of stock and play index and stock options leveraging these options with holdings of 80-90% in tax free bonds.

john



To: Ian Anderson who wrote (60118)11/3/2000 1:24:42 PM
From: jim kelley  Respond to of 93625
 
I agree with you Ian. It is too early to call it. There is more strength on the buy side of Island book. It looks like we may reach the high 60's today.

I suspect that the funds are buying and this will swamp the shorts.



To: Ian Anderson who wrote (60118)11/3/2000 1:27:07 PM
From: Zeev Hed  Respond to of 93625
 
Ian, sure looks like it, it continued straight to $66 (g). Frankly, since Tuesday morning, when I pinched my nose and closed my eyes jumping in at $42 and through few trades, I have made more than 50% on this. As they say on the street, bulls make it, bears make it but pigs don't. I felt 50% for few days ain't so bad. I'll be back in, in due time.

Zeev