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Technology Stocks : All About Sun Microsystems

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To: JC Jaros who wrote (39468)	12/19/2000 2:15:08 PM
From: hobo	Read Replies (1) of 64865

Still, this baby has never been thrown out *this hard with the bathwater before. I'm about to do something I don't normally do and that's go on margin. I don't know much about options but I know a shitload about SUNW, and a worse case of having to buy SUNW at $28 is more appealing to me than some option expiry not going my way. I think this is a great opportunity. Taking advantage of the knowledge I have with this one equity and it's market, I'm pretty confident about a double within 6 mos, unless of course the world economic system collapses, in which case the only person with any money will be Ken. perhaps you may want to consider selling puts, provided you do not mind "being put" the stock (at whatever strike you sold it at), if it were to continue going down. you would receive the premium for having sold the Put. here is a thread that may help you understand a bit more about options: Subject 34484

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