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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: MonsieurGonzo who wrote (34507)	1/30/1998 7:43:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

RMBS For whatever it's worth....probably not much to someone who is long. I know someone who shorted it in the 80s. Looking for mid 30s. On the plus side, he is looking to reverse and go long looking for it to be one of the big gainers of the year. "True Fact". I don't get into stocks too much so I would not make this up. Sorry if this remark bothers you about the guy's short position but at least he likes the reversal. One caveat....it's easy to presume this guy was just lucky but he's good enough to get interviewed on CNBC once in a while.