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Technology Stocks : All About Sun Microsystems

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To: Haim R. Branisteanu who wrote (17112)	6/14/1999 4:33:00 PM
From: Alok Sinha	Read Replies (2) of 64865

Believe it or not, SUN's tape is looking extremely strong. I thin it is getting ready to pop to the 62 -64 range, and wouldn't be surprised if it closes near 65 (instead of 60) at options exp. ould have to stabilize for that to happen. Most techs that were holding up well during the morning sell-off like Intc, CSCO, etc sold off some during the last 1/2 hr. SUN went the other way. I also had an order for the 60 Jun puts but it was too far from the quote. Are you getting tempted by the net stocks at these levels. I have wanted to own AOL, but the valuation is still too rich (at 60 maybe) Regards Alok

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