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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?

To: dave brown who wrote (2643)	7/9/1999 7:57:00 PM
From: Joe	Respond to of 4140

Dave, I guess rich is relative. Rich in spirit? Yes. If you are Dr. David Brown holding a large percentage of SNRS, 99% of us consider you rich. I bought what some people might consider a lot of stock but others would consider a little. I started buying at 11 and bought it all the way down to 9, thanks to Sturza and Avalon Research. Think I picked up 5k shares or so. All the calls are way out, Nov 12 1/2 and 15. The naked puts were the Aug 10s and some others. I have bought closed some of the higher strike puts. Shorts are gobbling up all the Aug calls and are being taken to the cleaners (rightly so). I am looking at the Jan calls as we speak. I don't know very much about options and would not make any recommendations. I have been listening to Imirish on Raging Bull and am learning as I go. I got in a little trouble with the naked puts because I did not understand the implications or foresee the effects on my margin balance. Joe