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Technology Stocks : All About Sun Microsystems

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To: uu who wrote (727)3/5/1997 12:55:00 PM
From: Iraj Masarati   of 64865
 
Hi Addi,
Thanks, for your input. In last two sections, I observed SUNW was showing technical weakness, but I could not figure out why. I have strong position on the stock which does not worry me since SUNW fundamentals are quite strong, however, I have about 40 contracts of Apr 30 call at 4.75 (ouch!!) which is concerning me! What is your feeling on SUNW before Apr options expiration. BTW, I missed COMS yesterday at 33.5. I'm thinking of buying COMS at 35, but if SUNW drop to much further, I might buy SUNW instead.
Best regards
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