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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (40116)	1/5/2001 2:11:19 PM
From: High-Tech East	Read Replies (1) of 64865

... status of my S&P 500 March 'puts ... I sold a second 'put' just now (sold the 1st one Tuesday) ... on the two I have sold, I am up 149% (so I did not do quite as well on the second one which brought the average down) ... ... I still own a 1365 and a 1340, which are a little on the plus side (the SPH1 - March contract is selling @ 1323.50 at the moment) ... ... so overall, I am guaranteed a 37.3% profit on what I invested, even if the 1365 and 1340 expire without any value ... so I will wait through at least part of earnings season to sell the last two ... I still think we are going lower (on a fundamental basis) ... Disclaimer: The above is my personal opinion. I recommend that you do not base your investment decisions solely on any one person's views or analysis (including mine). Do your own research and take personal responsibility for your investment decisions. Ken Wilson

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