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Technology Stocks : All About Sun Microsystems

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To: John Carragher who wrote (14897)	3/23/1999 1:09:00 PM
From: Alok Sinha	Read Replies (1) of 64865

SUN is holding up relatively OK in the tech bloodbath, probably due to Lehman indicating that this quarter is OK (which is more than most companies are willing to say). If and when CPQ pre-announces, I expect PC makers to bounce some (unless the figures are really bad). Compaq appears to have bottomed (either that or it has strong support at 30). DEll may see the low 30s soon - I bought last Fri at 40.5 but thankfully picked up some 35 puts yesterday. I think the networkers appear to be having a poor quarter. Lucent appears esp. vulnerable. I am considering buying ASND puts to hedge some of my ASND exposure. Long on SUN Regards Alok

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