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Technology Stocks : All About Sun Microsystems

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To: Eric.sun who wrote (20169)	9/24/1999 7:06:00 PM
From: Alok Sinha	Read Replies (3) of 64865

Eric, I rolled forward my Oct 90 covered calls to Oct 95s; was able to take advantage of the price swings today to buy back the 90s at 3 1/2 and sell the 95s at 2.5. Also sold some naked puts Oct 85 for 3 to accumulate more (if it gets there). Seems to be the first one to bounce back everytime the NASD showed strength. Regards Alok PS- you can question Microsoft's business practices, but Ballmer has been fairly predictable in bemoaning that tech stocks are too overpriced. Let us give him some credit for speaking his mind as opposed to most high tech execs who are forever boost their company stock.

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