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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: VincentTH who wrote (9495)1/18/1999 9:04:00 PM
From: Short A. Few  Respond to of 14162
 
Vincent,

Hank on Roger's Short Picks has been bearish on this stock, he may have some details to support you. RMBS generally thought to be overvalued, sure has been pumped. I think you're looking in the right place.

techstocks.com

LOL,
Short



To: VincentTH who wrote (9495)1/19/1999 8:33:00 PM
From: Herm  Respond to of 14162
 
RMBS - Rich P/E is an Understatement

RMBS has a 75% growth rate and a P/E of 272+ which is out of line!
The RMBS shows a potential drop down to $65 first price support level
from the current $87. The RSI has dropped below the 50 marker which
indicates a strong downward bias. RMBS also sells LEAPs.

NASDAQ: (RMBS : $87 1/4) $1,969 million Market Cap at January 19,
1999 Employs 108. Trades at a Premium PE Multiple of 272.7 X, vs. the
36.9 X average multiple at which the Semiconductors SubIndustry is
priced.

iqc.com

RMBS NEWS

Our CC friends and regular lurkers from CoveredCall.Com made a few
announcements last Friday. This web site is starting to spread their
wings. coveredcall.com Pay them a visit!

Friday January 15, 11:22 PM (EST)

HOUSTON (Jan. 15) BUSINESS WIRE -Jan. 15, 1999--This week's option
trading was highlighted by active stock option trading in several
securities, according to Covered Call.Com, an Internet-based stock
information service.

...... "Tuesday found Lycos (Nasdaq:LCOS), which lost 12 points on
the week, on top of the most active stock options list. Options on
Rambus, Inc. (Nasdaq:RMBS) were also actively traded Tuesday. Rambus
shares traded as high as $110 during week but closed the week at $89
1/2."