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

To: Charles Tutt who wrote (17978)	7/20/1999 12:54:00 PM
From: Alok Sinha	Read Replies (1) \| Respond to of 64865

Dear Charles, You have a strong stomach ( and I like your especially deep seated faith in SUNW). IMO, averaging up is usually a better strategy than averaging down, but in this market the stock valuations fluctuate 15 to 20% (up or down) without much regard to fundamentals (and I don't think we have run through the post qtrly sell-off that has happened the last few times). I do expect SUN to stabilize in the high 60s after earnings (unless Uncle AL really turns the rate screws on - not likely) My puts on high techs (LU, INTC, some SUN)and covered calls are serving me well once again. Regards Alok