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Technology Stocks : All About Sun Microsystems

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To: Haim R. Branisteanu who wrote (26797)1/26/2000 8:06:00 AM
From: Tecinvestor   of 64865
 
Good morning, Haim.

Re: My best wish hold a position 10 minutes and make $$$$. So who cares. Yes now I am a bit nervous as I overode my alocation on the position on SUNW on the long side, but can close it in a minute after markets open.

I am long term holder of SUNW. I have a very large position, much of which I acquired in late 1995, and have participated in four splits since then with that position. My average cost per share for that block is less than $5.00 per share. I have periodically added to my position, substantially, in October of 1998, since which time I have attained a seven bagger with the shares I purchased at that time. I have continued to add to my position, most recently in December of 1999.

I've never been nervous about my position in SUNW. Not then, and certainly not now. I sleep very well at night. I don't know many traders who can say the same.

Perhaps there will come a time when I will feel differently about SUNW. When I start to lose sleep over my SUNW position, I will sell my shares. That moment has not yet arrived.

Good luck with your trading.

Tecinvestor
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