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Technology Stocks : All About Sun Microsystems

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To: uu who wrote (9111)	4/16/1998 5:25:00 PM
From: Iraj Masarati	of 64865

Iraj Hi Addi, I agree with you as well and that is why I sold my entire holding with a lost just prior to last quarter earning. I'm very bullish on SUNW future, but due to the market perception we might see a very good buying opportunity SUNW. But meanwhile, whenever, SUNW gets close to a price that I think is attractive then I sell naked put, so If SUNW does not go below that stock price then I get the premium, but If goes below that stock price then I buy it at a price that I think is attractive. This time I sold the APr40 put at $1.5, so base on today's earning report they will not be exercise and I have earn some money meanwhile. Regards, Iraj

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