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Technology Stocks : All About Sun Microsystems

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To: lizardK who wrote (12018)	11/24/1998 5:13:00 PM
From: Dale J.	Read Replies (4) of 64865

at what price would you foresee yourself covering this short -- 80? 85? 90? No, I foresee covering at 58. I have a very well diversified and successful portfolio, so I doubt I would be forced to sell even if it continues to climb. If it reached a price of 80, 90 etc.., I would be more inclined to add to my SUNW Short postion than cover. I am dead serious about adding to my SUNW Short position, but I am cautious to add during this latest craze. The AOL/NSCP/SUNW announcement introduced new dynamics to SUNW's stock price. Maybe after SUNW sets a new top I will add more. But SUNW is just one of many long and short positions in my portfolio. As I said earlier I am still looking for 58 by December, but it may take until Jan, Feb or even March. BTW: Did you notice SUNW pulling back late in the day. My question to you is at what price would you sell. 58, 48, 38 etc? Dale

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