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Technology Stocks : All About Sun Microsystems

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To: Alok Sinha who wrote (16583)	5/24/1999 5:06:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 64865

Alok, I am not sure of your trading pattern and what kind of hedge you are looking for, but if you sold Jun 50 put's and also still are short (sold) the June 65 and 70 calls I will leave it alone. In case that you closed your calls position and trade like me I would take the profit on the 55 puts. We are in the last week of May and the market may rebound a bit due to the 401K program therefore do not be so worried about the short 50 puts. Close them after covering commision. Let the calls run as a hedge if you are long SUNW. BWDIK Haim remember I made plenty of mistakes so take my advise with a grain of salt <gg>

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