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Technology Stocks : All About Sun Microsystems

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To: High-Tech East who wrote (9158)4/18/1998 9:14:00 AM
From: Bald Eagle  Read Replies (1) of 64865
 
<<I simply do not understand why you do not view these two events the same as I do.>>
Well, it would be a very boring world if we all thought the same!
BTW, I bought SUNW at about 39, sold some APR 40 covered calls for a buck and change. SUNW closed at 40 9/16 on Friday. Will my shares be called away for sure? If they are, I'm quite satisfied with a 5% return in three weeks, better than your average CD! :-)) Who knows? I might get to buy them back for less than 40 in the next week or two. If not, I'll sell some MAY 42 1/2 calls and generate some more income. Oh, I love America!
Where I work, we are taking delivery of a new E10000 next week, so I know SUN is not going out of business any time soon. Can't wait to go play on that baby.
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