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Technology Stocks : All About Sun Microsystems

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To: amoezzi who wrote (8253)	3/11/1998 12:06:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 64865

Abdol, there are no free lunches. I sold April 45 calls. Keep in mind that I anticipate my open March 40 puts to expire worthless. I intend to buy them back at around $1 if SUNW does not close above $45 any time soon. Other wise you still can get in for a mere $20 or less per transaction. This is almost the bid/ask spread for a retail transaction. Haim

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