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

To: Prognosticator who wrote (18612)	8/12/1999 3:45:00 PM
From: Charles Tutt	Read Replies (1) \| Respond to of 64865

An observation: I don't know whether it's true, but my impression is that in the past SUNW would laboriously claw its way up, quarter point by quarter point, and then suddenly get hit and drop back multiple points. Lately the pattern seems to be reversed. It wilts quarter point by quarter point and then suddenly jumps (like yesterday). Has anybody else noticed that, or disagree? Do any of the technicians out there care to comment on whether it means anything if true? On the options issue, my understanding is that Microsoft wouldn't necessarily incur a liability if everybody suddenly exercised (unless they chose to buy the requisite shares in the open market, in which case your figures show their much-touted cash could disappear in a hurry), but that it would come out of the shareholders' pockets indirectly via dilution. Edit: BTW, my recollection is that the previous year's MSFT disclosure was formatted differently, and included a $20B +/- number similar to what you have calculated. But I don't know where to find it on the Web. JMHO, of course, and neither a legal opinion nor investment advice.