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

To: Sonki who wrote (26357)1/17/2000 7:34:00 PM
From: E_K_S  Read Replies (1) | Respond to of 64865
 
IBM may throw cold water on any rally....

Investors Brace for IBM Report
7.10 p.m. ET (0010 GMT) January 17, 2000
(http://www.foxmarketwire.com/wires/0117/f_rt_0117_24.sml)
"... International Business Machines Corp. (IBM.N),the worst bitten among major computer makers by the Year 2000 computer bug, is set to post lower fourth-quarter earnings on Wednesday..."

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I hedged 1/3 of my SUNW holdings by selling the April 100 calls for $4 1/4.... Sun's earnings should be very good BUT the stock may be already pricing a good report.

Lot's of earnings to be released in the next 10 days.

EKS



To: Sonki who wrote (26357)1/18/2000 6:00:00 AM
From: JDN  Read Replies (1) | Respond to of 64865
 
Dear Sonki: When does IBM report? that pig of a company has been crying the blues for some time now. There earnings or lack thereof may create a short term buying opportunity. I am expecting SUNW and EMC two major IBM competitors to report outstanding earnings, CPQ may even surprise upside (that would be a surprise) and if IBM is first out market could drop and the others could then raise it. JDN


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