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To: mishedlo who wrote (8647)1/8/2001 11:48:40 PM
From: mishedlo  Respond to of 13572
 
More Max Pain

Symbol / PAIN / AH PRICE
ENE 75 70
AMCC 50 65 *
RIMM 75 49 (LOL) fat chance on this getting to pain
EMLX 68 75 *
CIEN 82 75
AVNX 60 52
CREE 35 32
VRSN 80 67
NEWP 80 80 (They got this sucker up from 64 today)
HAND 55 38 (LOL) fat chance on this as well
PMCS 100 73
RMBS 35 43 *
QCOM 67 78

Well from the short side I surely like AMCC and EMLX
I played AMCC puts today but bailed out "even" when the afternoon calvary came in.

RMBS I expect to have strong earnings.
What I want is strong earnings and the stock to do nothing or tank. That will give us a clue how to play the rest of earnings.

M



To: mishedlo who wrote (8647)1/9/2001 2:43:47 AM
From: Walter Xie  Respond to of 13572
 
Mike, RIMM was also my favorite short but I didn't touch it because the obvious made me think that too many shorts probably had already piled on it which scared me. I was wrong. I totally agree with your judgement about its real worthness -- below 10. I'll follow you this time.
W