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Technology Stocks : All About Sun Microsystems

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To: JavaGuy who wrote (16533)	5/21/1999 1:49:00 PM
From: Alok Sinha	Read Replies (2) of 64865

Hope you acted on your advice and bought some calls. I was trying to buy back my Jun 65 and 70 covered calls for 2 and 1 resp, but missed it by an 1/8th. Since SUN mgt has already indicated that quarterly trends are strong (read EPS target will be met) I think downside to SUn is limited at least for the next two months (short of a market meltdown). Did some additional buying today - Walmart, Home Depot and Phillip Morris in addition to Dell. Intel call options look particularly cheap. I have an order in for Jun 60. Regards Alok

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