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Technology Stocks : All About Sun Microsystems

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To: Scott McPeely who wrote (8496)3/24/1998 3:11:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 64865
 
In a strong up market and positive news SUNW failed to move above $45 resistance. Therefore instead of selling again covered April 45 call I sold the stock (SUNW) at 44 7/8 to 13/16.

I am not sure if it is a wise move but it is also nice feeling in taking profits.

Have a gut feeling this market may turn on a dime. To much volatility without reason.

As to McPeely comments, oh well since wen is SUNW a software company??? <ggg>

For sure SUNW is much more technological advanced than the screw driver companies such as DELL or GTW who trade at higher multiples.

BWDIK

HAim
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