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Technology Stocks : All About Sun Microsystems
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To: hobo who wrote (39495)12/19/2000 5:53:08 PM
From: Prognosticator  Read Replies (1) of 64865
 
Calls are certainly risky in a bear market, but I believe (perhaps wrongly) that SUNW has been oversold, and will report strong earnings, hopefully preceded and followed by a round of short covering. There has to be a large short position in SUNW right now, for the price to have been driven down so far on no news.

January 18 and 19 will tell all.

Meanwhile, I sit watching my portfolio go rapidly back to where it was two years ago.

Good job I don't have any margin debt, otherwise I'd be saying bye bye to my stocks.

P.
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