SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Dale J. who wrote (20432)9/29/1999 6:09:00 PM
From: Prognosticator  Respond to of 64865
 
Oh well, no problem, I can always make some money shorting sunw.

Or is that a put?

P.



To: Dale J. who wrote (20432)9/29/1999 7:01:00 PM
From: Alok Sinha  Read Replies (3) | Respond to of 64865
 
Dale,
I thought SUN was a little stretched, but if you are considering shorting I am definitely adding to my position. Please let us know when you take a "real" position (not imaginary short via hypothetical puts). Also, after being so wrong about this stock (the stock has gone up 150% since you appeared on the thread and "shorted" SUN last Oct/Nov), I find it amusing that you give the same lame reasons for SUN being overvalued as in the past. What I find more amusing is that Charles cared enough to respond to those issues.

BTW I bought some Nov 80 puts on Monday, not because I am bearish on SUN but because I have way too much exposure in SUNW and I like having insurance in case the market tanks. A lot of investors value the views of the MSDW analyst, Kraemer, who increased his estimates and price target for SUNW, so I expect any selling to bring in "bargain hunters".

Regards

Alok