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

To: Zeev Hed who wrote (77676)	8/17/2001 10:39:11 PM
From: Steve Lee	Read Replies (1) \| Respond to of 93625

My MU puts expire next month. It is the bringing forward of the MU scenario II that I am worried about <G>. Still trying to work out if MU is bouncing at current levels. It is so near to its support that I dont think it will hold thru Monday. If so, I expect a bounce before or at $31. Then I will look to sell the rest of the position and invest some of the profits (free money) in Oct puts when MU has retraced some of the fall - probably back towards $36. Then the whole process starts again. I haven't made as much money as I did this last week in MU puts since another options play in Mar 2000. Can you guess what the underlying stock was?