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


To: K. M. Strickler who wrote (3085)2/19/1998 8:34:00 AM
From: Jeff Jordan  Read Replies (1) | Respond to of 93625
 
Ken,
Sorry, I wasn't clear. I know Rambus has a great product. I feel it will close @ $45 for options expiry.

I was saying Rambus can't be compared to CTXS which has an obsolete product. It was compared to Rambus in a previous post, for the reason of its recent retracement. OK...

Jeff



To: K. M. Strickler who wrote (3085)2/20/1998 11:14:00 PM
From: Gary Korn  Respond to of 93625
 
KM,

Jeff Jordan has been a RMBS advocate for a long time. I'm sure he was referring to something other than RMBS in his comment.

Jeff correctly called options expiration at 45. All the agony this week, all the reasons people were speculating about, ended up all about MMs successfully manipulating RMBS to the strike price with the highest open interest.

Now, we can move on. Someone should keep close tabs on the strike price with the most open interest for March.

Gary Korn