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Technology Stocks : All About Sun Microsystems

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To: Alok Sinha who wrote (19815)	9/17/1999 7:57:00 PM
From: Eric.sun	Read Replies (1) of 64865

Alok, I have sold Oct 90 calls as well today. It is really amazing to see SUNW go up like this. I always believe SUN can go to 200 and 300 in the future. But the rise this quick is still beyond my imagination. I have over 90 percent portfolio in SUNW and by no means I am very happy with it. It seems to me it might go up more since the 2 for 1 split. I wish I didn't turn conservative today to write covered call. Scott is a very conservative guy in financial term, two splits in one year means he is very very confident this time. And the IBM and HP news really confirms SUN is gaining more marketshare from these two main competitors. The wintel machines are still in their infancy and may never be a serious competitor to SUN at all. According to Intel CEO, the server market will be $80 billion business in two years. If our rising SUN is the default server company in the world, what marketcap would be justified? $500 billion? Man, I will buy back my covered call as soon as I have the chance!

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