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Technology Stocks : All About Sun Microsystems

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To: Dale J. who wrote (20432)	9/29/1999 7:01:00 PM
From: Alok Sinha	Read Replies (3) of 64865

Dale, I thought SUN was a little stretched, but if you are considering shorting I am definitely adding to my position. Please let us know when you take a "real" position (not imaginary short via hypothetical puts). Also, after being so wrong about this stock (the stock has gone up 150% since you appeared on the thread and "shorted" SUN last Oct/Nov), I find it amusing that you give the same lame reasons for SUN being overvalued as in the past. What I find more amusing is that Charles cared enough to respond to those issues. BTW I bought some Nov 80 puts on Monday, not because I am bearish on SUN but because I have way too much exposure in SUNW and I like having insurance in case the market tanks. A lot of investors value the views of the MSDW analyst, Kraemer, who increased his estimates and price target for SUNW, so I expect any selling to bring in "bargain hunters". Regards Alok

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