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Technology Stocks : All About Sun Microsystems
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To: Sonki who wrote (11481)10/29/1998 8:34:00 PM
From: Alok Sinha  Read Replies (2) of 64865
 
Sonki,
I share your optimism for SUN's rosy future. Disciplined investing through options (selling covered calls and puts) has allowed me hedge myself aganist a lot of volatility in the markets. I t does hurt sometime when you miss some upside. But rarely has it happened that I have been unable to buyback a stock at a future date a a price below which the stock was called away. The run-up in the last week will inevitably result in consolidation in a trading range or some profit taking sooner than later. I agree with everything in your note, except that SUNW is similar to DELL.

For once, here is hoping the stock dosen't get too far ahead of itself.

Regards

Alok
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