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

To: MileHigh who wrote (7360)	9/22/1998 7:14:00 PM
From: Tom Gebing	Respond to of 93625

MH, << Where would you take some off the table or sell some calls to lock in some profits?? >>. Taking profits is harder then buying stocks as u may know. That is a individual and subjective decision. If it is a stock I have for a short term play I take profits when I the steam runs out of the stock based on momentum etc. I don't worry about getting the absolute high when selling nor the low when I buy. When I have a stock that is long term , sometimes I write calls. This can be a excellent means of locking in a large portion of the profits or obtaining a little extra. Either way it is a personal decision, something that you have to be comfortable with and never second guess. Just remember.....pigs get fat and hogs get slaughtered...... "Disclaimer"...beware options are not for every investor and one should be fully knowledgeable of them before doing such. Good Luck, Tom