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Technology Stocks : All About Sun Microsystems

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To: J. Plesha who wrote (7708)2/12/1998 11:16:00 PM
From: Gottfried   of 64865
 
JP, >There is Over 11,000 open interest in sun 50 calls expiring on Feb 20. Does anyone believe this has something to do with the stock price?<

There is a theory that it may. Please go to Ben A's site and
read about it...

Explanation of hypothesis...
pipeline.com

Then look at Ben's latest SUNW options value chart
pipeline.com
Ben may update the chart this weekend - or not.
If you're really interested, why not ask him?

The front door to Ben A's site
pipeline.com

If we believe that the stock price gravitates to a value
that causes "maximum pain", then SUNW should stay around
45 or lower till expiration.

I'm not sure what to believe.

GM
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