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Technology Stocks : All About Sun Microsystems
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To: Brian Malloy who wrote (6834)1/15/1998 4:17:00 PM
From: Alok Sinha   of 64865
 
Those analysts who were not able to buy in the 30s will most likely put a negative spin on it, so that they can use a temporary weakness to buy before upgrading. Those who have already bought will put a positive spin and try to get as much out of the stock before they bail out and then downgrade citing MSFT, Asia, NT, etc. etc.

I only hope it dosen't close too far above 45 tomorrow. I am hoping to get another 1000 shares assigned at 45 through some Jan 45 naked puts I sold when the stock was in the high 30s right after last quarter's earnings.

Regards

Alok
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