They lowered the bar to .07 I beleive...down in half from .15
I would hope we now have good chance of beating the numbers....
sunw now number 1 in servers over ibm and hp...internet aint going anywhere....short term sunw may have same problems as all techs...long term, many will wish they bought sunw at this level.
As per my last post concerning leaps....one note, and please, anybody feel free to add or contradict me.......Most people, because of the bull market, seem to like ITM or DITM leaps. Not for me, not in a market such as this. First, the further ITM they are the more you will pay in premium....if your gonna buy the jdsu 03 35's for $20...why not just buy the stock...in a falling market, those itm's willlose value in heartbeat if the stock drops...otms will drop less, cost less, and lets face it, we arent paying 1.00 a leap for sunw 03 50's because we are going to take the stock at $50 in two years, we are buying them as a trading vehicle....who cares if sunw hits $50....at $1, sunw could go in the toilet and you aint gonna lose much.....additionally, the stock wont have to go up much for thecalls to go from $1 to $2....so in a bear, sideways market.....the otms cost less, have less downside risk and more upside potential then itm leaps and of course much better leverage....I can buy 5 times as many 03 35's for the same amount of money as something closer itm...
great day to all
keith |
