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Technology Stocks : All About Sun Microsystems

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To: Sonki who wrote (13543)1/17/1999 6:02:00 PM
From: Crazy Canuck  Read Replies (1) of 64865
 
This is my first post to this thread. I have been lurking for about 4 months and I finally joined last night.

I have owned SUNW since it was $33. and I have to say that I am trying real hard to add to my portfolio. I think that this stock is positioned right at the heart of the Internet, and it is doing many of the right things to grow and thrive. Over the past two months, I have been in and out of SUNW options and I have to admit that I held Dec 85 calls that expired worthless, and I sold my Jan 90 calls the day before the stock jumped to 104! Overall, I made money, but no where near what I could have. With the fluctuations of this stock over the past month, I can tell you that my days have been a comedy of swearing at my stupidity for not selling and outright glee at my intelligence for not selling. What a ride!

Anyway, what I am leading to is that at no time did I ever question the underlying strength and correctness of owning this stock. This company will grow, and it will be big. I believe that $150 by Sept. will not be difficult. The Internet is just getting started, and SUNW is at the heart of it all. I plan to buy as much of this stock as I can over the coming 12 months.

I can tell you all that it is nice to finally have a chance to contribute to the thread.

Talk to you soon!
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