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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Marvin Mansky who wrote (17194)	6/18/1999 7:01:00 PM
From: Haim R. Branisteanu	Read Replies (3) \| Respond to of 64865

Marvin fact is that I did not shorted SUNW. Also fact is that several days ago wen SUNW was at $57-$58 I indicated it will reach $62 this week. Therefore I do not know what your problem is aside that you are clueless with regard to the stock market and stocks in general. Go read more Business Week and Fortune you may learn something. BTW your post to me will be ignored from now on as it seems to me that your IQ level equals SUNW stock price. Haim

To: Marvin Mansky who wrote (17194)	6/18/1999 9:59:00 PM
From: JC Jaros	Read Replies (1) \| Respond to of 64865

Long term long SUNW and fundamentally minded, I'm the last guy to defend technical analysis. I've watched this "max pain" options analysis though, be correct SIGNIFICANTLY more often than not with SUNW over the past 4 years. It's actually a surprise to NOT see SUNW close at $60 today on triple witching (options expiry). The apparent facts are that options expiry closes where it causes the least $ payout to options (puts and calls) players, manipulated that way by 'market makers'. Perhaps because of the large institutional ownership of SUNW, it's a stock that has a consistantly manipulated options expiry outcome. Historically, the wrong day to sell SUNW is the third Friday of the month. Perhaps it was a mixture of Oracle earnings and the upgrade of IBM, but this was one of the FEW times that a call such as the one you responded to was off the mark. If you had a running bet against the fellow you were responding to there regarding SUNW closing at 'max pain' on triple witching, you'd be dollars behind. -JCJ