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Technology Stocks : All About Sun Microsystems

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To: JDN who wrote (14953)	3/26/1999 4:31:00 PM
From: Alok Sinha	Read Replies (1) of 64865

No point in giving Dale a hard time. The short interest in SUN is a few million shares - so why single Dale out for ridicule. (and shorts have made money on Sun in the past - let us say distant past) In the current environment, it does appear unlikely that (except for 8 to 10 points) one could consistently make money shorting this stock. It certainly has become a trading stock and volatility will allow you to get in and out within a few points. So day traders must love it. The breakdown in Intel at the end of the day was worrisome. I was trying to sell some covered calls on Intel today but missed out as I got greedy by an 1/8th. Hopefully there won't be news over the weekend that will weak-en the market (ha ha). Have a good week-end Regards Alok

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