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

To: Sonki who wrote (23058)	11/16/1999 10:23:00 PM
From: Jean M. Gauthier	Read Replies (1) \| Respond to of 64865

Note about Soros.... Pls check the part about SUN ! We have been discovered.... =============== Soros thinks so too. Soros Makes Big Bet on Technology Stocks in 3rd Quarter Soros Makes Big Bet on Technology Stocks in 3rd Quarter Washington, Nov. 15 (Bloomberg) -- Soros Fund Management LLC, the investment advisory business established by billionaire George Soros, reported that the public portion of its stock portfolio held more technology stocks in the third quarter, including the addition of more than 2 million Microsoft Corp. shares. Soros reported higher stakes in Sun Microsystems Inc., Qualcomm Inc., and Veritas Software Corp., and disclosed new holdings in Dell Computer Corp., Juniper Networks Inc., and Parametric Technology Corp. The New York-based hedge fund manager, one of the largest hedge fund operators, reported the stakes in a Form 13F filed with the Securities and Exchange Commission. Soros didn't explain the changes, which could result from any of several factors. These include large purchases or a decision to move stocks listed in its confidential reports to the public filings that it must submit to regulators at the end of every quarter. Money managers who control $100 million or more of equities must at the end of each quarter file a Form 13F with the SEC that discloses the contents of their stock portfolios. However, to keep investment strategies secret, money managers also can apply for permission to report some of their holdings in a separate, confidential form that may not be made available to the public for at least a year later. Technology Stocks Technology stocks slumped in the middle of the third quarter before rebounding. The Morgan Stanley High Tech Index, which measures the performance of stocks in nine areas of the technology industry, rose about 6 percent in the quarter ended Sept. 30. As of Sept. 30, 1999, the hedge fund group reported that it held about 2.2 million shares of Microsoft; 1.5 million shares of Qualcomm; and the 2.8 million shares of Sun Microsystems. The group also reported holding 700,000 Dell shares; 180,000 Juniper shares; and 3 million Parametric shares. None of these three companies were listed in the public portfolio at June 30, 1999. The Sept. 30 filing omitted stakes in insurers, including Aetna Inc. and Cigna Corp., and in health-related companies, such as McKesson HBOC Inc., Oxford Health Plans Inc. In addition, Soros reported that it slashed its stake in McDermott International Inc. to 2.7 million from almost 5.5 million shares. Hedge funds are private investment pools in which the manager is usually paid a performance fee and invests alongside his or her clients. The funds invest by making bets on currencies and interest rates as well as stocks and bonds. Soros Fund Management doesn't comment on changes in its publicly reported filing. While Soros is chairman of the management company, Stanley Druckenmiller has handled day-to-day investment decisions since 1989. NYSE/AMEX delayed 20 min. NASDAQ delayed 15 min. BFN Take care Jean

To: Sonki who wrote (23058)	11/17/1999 10:06:00 AM
From: JDN	Read Replies (3) \| Respond to of 64865

Dear Sonki: anyway, i have been shopping for term life insurance. my agent sez i m gona out live the 30 yr. term and i shoud buy life time. does anyone understand this subject??? looking for advice. IF you are going to buy life insurance AT ALL term is the way to go. BUT I quesiton why you are buying any. If its part of an estate plan to help with estate taxes I can see that, but from what I am guessing as to your wealth I dont see why you would need any for protection. Insurance (other than what I said above) is for people who do not have significant wealth and live off their current income which would leave nothing for heirs upon their death. I dont see you as being in that situation. JDN

To: Sonki who wrote (23058)	11/17/1999 11:51:00 AM
From: Alok Sinha	Read Replies (1) \| Respond to of 64865

COMS has suckered me in the past. I had bought it around 40 at the time of USRX merger and saw it go all the way down to low 20s before it ran up to high 40s last jan when I bailed out. Before the runup it did 4-5 trips to mid 30s and back to 20s. I did OK selling covered calls but there is very little stability in earnings. CPQ I am also holding at 22 and 19 and also some Jan 26 calls long. Don't know what to do with it. The minute I sell it will take off. Regards Alok