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


To: Charles Tutt who wrote (30437)4/10/2000 4:10:00 PM
From: QwikSand  Read Replies (1) | Respond to of 64865
 
What a mess.

--QS



To: Charles Tutt who wrote (30437)4/10/2000 5:40:00 PM
From: Alok Sinha  Read Replies (1) | Respond to of 64865
 
Just realized after checking the link that earnings are on 13th. Would have bought back my April 105 covered calls if I had checked it during market hours. Hopefully tomorrow morning will provide some more opportunity to buy them back cheaply (premium is still over a buck, probably due to the earnings).

Seems like we have a lot of new / nervous SUN holders on the thread (probably driven to the perceived safety of Internet infrastructure stocks relative to pure Net/B2B names).

My gut is earnings will be like usual (1c over whatever the estimates are). SUN will probably try not to use too cautious a tone in forward guidance in case it causes more concern than warranted. If rev growth is 25% + (and margins are holding) I couldn't care less what they say or the market reacts.

Missed the opportunity last week to get into some of the large cap techs that I still don't have. Hopefully, tomorrow will present another (Just hope it is not as dramatic as last weeks).

What's your next buy (or sell point) for SUN

Regards

Alok