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


To: Yaacov who wrote (36611)10/16/2000 12:43:51 PM
From: High-Tech East  Read Replies (1) | Respond to of 64865
 
Yaacov ... lot's of luck, SUNW could hit 130+ before it dives ... I think that SUNW is very much overvalued in this changing market place, but to make money shorting it, you better have deep pockets ...

... I am short the S&P (with two puts) ... but you would have to hold a gun to my head to get me to short SUNW ... which in five years (maybe less), may be the number one high cap stock in the world ...

... your risk could not be greater.

Disclaimer: The above is my personal opinion. I recommend that you do not base your investment decisions solely on any one person's views or analysis (including mine). Do your own research and take personal responsibility for your investment decisions.

Ken Wilson

... how is that JDN, JC and Charlie <G> ... I believed all of you when you said the check is already in the mail <G> ...



To: Yaacov who wrote (36611)10/16/2000 12:47:08 PM
From: Haim R. Branisteanu  Respond to of 64865
 
Yaacov, closed my SUXVB this morning at an average price of 2 3/8.

Haim



To: Yaacov who wrote (36611)10/16/2000 2:15:32 PM
From: X Y Zebra  Respond to of 64865
 
Well.. essentially I am long SUNW I buy as I go, keeping a close eye... (I am not afraid to take profits from time to time).

And then... I sell cc. the premiums on this stock are handsome. I have been playing with options some, learning them as I go... so far, in the last 2 years the covered calls have been very kind to me. I am also getting into naked puts (not the kinky type), but only on the stocks I do not mind getting stuck with --I used to play with LUcy until premiums began to shrink... I left and never went back

What has happened to LU has taught me big lesson, and I consider myself LUcky (very) for being out of it all this year... I nibbled on it when it fell to $50, and quickly I understood there were more trouble ahead, so I got out.

Then when it was around $30 I looked at it again... I have learned to be a vulture and "just circle" for a while... well... say no more, saved again ! since it went to $20.

Scary stuff... The lesson ? I never say, "This company is too big to have a disaster" So... I am cautious. I am not afraid of taking risks, but when I do, my eyes are wide open and with the finger on the trigger to get out.

Since I am a suspicios-paranoic by birth, I do not follow anyone but myself --my shadow ? I keep an eye on it. Without question, my worst enemy !