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Technology Stocks : All About Sun Microsystems

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To: Alok Sinha who wrote (16370)5/12/1999 7:17:00 PM
From: Eric.sun  Read Replies (2) of 64865
 
Today's rise maybe a late response to last week ServiceProvider.com
push of SUN. And Ed Zander is talking about it again today. The
difference is many money managers buy in today. For whatever reason,
I feel short term it will still go higher to break the old resistance
of 66 and finish a bullish W shape before it forms another W. But
I sell all my may 55 call today and replace it with may 65 call to
take in the profit and avoid missing the upcoming opportunity. I
won't buy put yet but I will buy some for the next W shape showing
up. Man, I love the stock even in the short term. For the long run,
SUNW should be at the same level as CSCO. IMHO.
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