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


To: QwikSand who wrote (35456)9/18/2000 6:01:42 PM
From: chic_hearne  Respond to of 64865
 
Re: So chic, you're asserting the upcoming announcement will have no effect on the stock? A downward effect?

QS-

It depends.

If the street sees through the smoke and mirrors, I'd expect downward pressure.

If they buy the news, it'll go up.

More likely the direction of the Naz will determine what happens to the stock.

Is this sort of like when the AMD earnings were going to raise it 10 points in one day, 48 hours before the calls expired :-).

In April it happened and I was able to dump a ton of contracts which I paid $.93-1.37 for between $8-18.

In July I wasn't so lucky. Sh*t happens, I'm not b*tching about it. It's the nature of the game.

chic