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

To: MileHigh who wrote (8682)	10/16/1998 11:05:00 AM
From: Dr. Id	Read Replies (1) \| Respond to of 93625

Question about LEAPS I have 500 shares of RMBS and have thought about buying more. As an alternative, I've thought about buying Jan 2000 or 2001 leap options with a strike of 70 (they sell for approx $20-24/contract). Any opinions on this strategy as opposed to buying more shares? I thought it would be a less expensive (though possibly more risky) way of playing a greater number of shares. And if RMBS does anything close to what it is supposed to do, being higher than $90/share shouldn't be a problem in over a year or two... JB

To: MileHigh who wrote (8682)	10/16/1998 11:11:00 AM
From: MulhollandDrive	Read Replies (2) \| Respond to of 93625

Milehigh, Again, I'm thrilled with traders in RMBS, I've traded some off and on, but I've never been completely out. The MU release makes it obvious that INTC intends to accelerate RMBS into the pc market. They might as well just have slapped everybody in the head with a 2x4, anybody who "doesn't get it" (IC are you listening?), well, what can I say..... BTW, Don Green is sending me pm's saying I'm supposed to be selling the rallies. Oh Don, I know you want my shares on the cheap, but take it elsewhere, I'm sure you'll be able to get back in at your price. (revised of course). bp