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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (15363)	4/13/1999 8:06:00 PM
From: Alok Sinha	Read Replies (1) of 64865

Well, I plan to start buying if it dips below 60 - I don't think it will happen soon, maybe by the end of the month. Lokk for the techs to take a drubbing early tomorrow and bounce back in mid-morning only to sell off later in the day. Intel's report is not bad at all considering industry conditions. Everybody massages earnings (the fact that CPQ couldn't shows they were really in bad shape). Also Intel shares are already down about 10 points (post split) and even more relative to the high in Jan. I will be buying more Intel if it gets to 55. I anticipate SUN to be down a couple of points (at the most) as there maybe a shift to the non-PC tech sector (read the Internets) again tomorrow. With my poor sense of timing, I sold my April Puts 65 (originally bought to protect my long position that I sold earlier) that I had been holding today (although I did make some money). Regards Alok Regards Alok

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