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Technology Stocks : All About Sun Microsystems

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To: Bald Eagle who wrote (6720)	1/13/1998 4:51:00 PM
From: Alok Sinha	of 64865

There may be something to that. Last quarter the MSFT lawsuit was announced at about this time. Given SUNW's relative lack of strength today I think there is an outside chance (20%) that earnings will be in line or slightly below 0.55. However, in the past the stock moves a lot (usually in the risght direction) in advance of earnings. The flattish move in a narrow range is quite unusual I tried to buy some 42.5 puts today but my limit order did not go through. Hopefully, with INTC's earnings we get a bounce tomorrow mornings which will allow me to buy the Jan 42.5 puts for 3/4. If I had to bet, I still think they will meet or beat estimates. Regards Alok

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