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

To: Alan Hume who wrote (14129)	1/24/1999 5:35:00 AM
From: capt rocky	Respond to of 93625

alan,selling calls will let you travel with out a lot of care.they limit your upside but give protection on the down side to let you sleep!of course if you really think a stock will fly(like ol'bettsie)don't sell the calls,buy some with money you can afford to lose,because most calls expire worthless. the ones that don't can make you a lot of money with little investment. my ira. will only let me sell covered(i own the stock) calls.so you know what the smart money does. rmbs is a difficult call.(no pun intended).i've had some sold that expired worthless,and some i bought that i've had to cover to hold the stock. ya pays yer money ----------etc. rocky ps. the only reason i'm up this time of night is to check my boats. big storms here in sw. fla