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Technology Stocks : All About Sun Microsystems
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To: JDN who wrote (16518)5/20/1999 3:59:00 PM
From: Alok Sinha  Read Replies (2) of 64865
 
"I own stock in SUNW and lately the market has HATED ME. "

I don't understand the statement. SUN is up 47% for the year, 14% since Q1 earnings release. May be down about 10% from its high but it is not an internet stock that will defy valuation laws forever.
Tomorrow is option expiration so there is bound to be volatility. You may want to consider put options from time to time to hedge your portfolio aganist volatility. I bought some Jun 60 puts cheaply when we hit mid-60s a few days back (and also sold Jun 70 calls), so I am not as concerned about the daily ups and downs.

Regards

Alok
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