Wednesday, August 15, 2007

Rambus Inc. Song of the Day - Yesterday

Hey, I took a shot. In January, Monotonal Satish said they were just "crossing T's and dotting I's" on the earnings restatement after the options backdating scandal. RMBS was hovering around 20 bucks. I figured I'd add some time cushion because everything seems to move at a glacial pace with Rambus.

So, I committed a modest chunk of change to some AUG $25 calls. I didn't consider that Rambus management would, at least in appearance, go out on strike for 7 months with no apparent end in sight.

Oh ..... back to that money. On Saturday, I'll be able to say I ......

"Lost It" by Boz Scaggs (1994)

Boz Scaggs -- Some Change

Submitted by FinzToRite.

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