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

To: MileHigh who wrote (5181)	6/27/1998 12:16:00 PM
From: sam	Read Replies (2) \| Respond to of 93625

One of the most bullish indicators for a stock is the vehemence with which shorts try to bash that stock. Check out the AOL, Amazon and Yahoo threads for examples. After large runs, shorts jump in to make a quick buck. I've done it countless times myself. Made good money and also have gotten burned. Shorts will usually succeed if there is no real justification for the stock's move. But if there is....watch out. Even if RMBS does fall to the forties again, based on the news that's out now (and nothing new) it'll soon be in the 70s. BTW, I do hope it falls. This time I will be buying. FWIW

To: MileHigh who wrote (5181)	6/27/1998 3:39:00 PM
From: Gary Wisdom	Read Replies (1) \| Respond to of 93625

Some Rambus options magic: Just for fun. On June 2, Rambus closed at $36 15/16. On June 24, Rambus hit intraday high of $64 If you had invested $1000 in calls on June 2 (at the ask): in June 35s (@ $3.25), you would have about $ 9,000 (at the high) in June 40s (@ $ .75), you would have about $32,000 (at the high) in June 45s (@ $ .3125), you would have about $61,000 (at the high) in June 50s (@ $ .25), you would have about $56,000 (at the high) That was as high as they went on that day. And, the sell price includes no premium at all. And, that is if you had bought the calls originally at the ask at the close on June 2. Of course, Rambus isn't at $64 today, but there's still 3 weeks left for it to go even higher. One word: awesome.