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Technology Stocks : All About Sun Microsystems

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To: Dale J. who wrote (12207)12/1/1998 12:04:00 PM
From: Alok Sinha   of 64865
 
Re: "Well besides my own posts, I'm still trying to find an intelligent post on this thread."

Everything said and done, I will grant that you do have a good sense of humor.

By the way I started getting back in Sun (on the long side) by selling naked puts (Dec 70s and Dec 75s) this morning. Most of my Sun stock was called away last week because of my covered calls.

As in the past I maybe a little early getting back in, as I expect more selling after the analyst meetings and the current euphoria with respect to the AOL deal subsides. Over the next 6 - 9 months I don't see much downside to Sun below 60 unless the market collapses (which I think there is an even chance given the lofty valuations).

Regards

Alok
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