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


To: techtonicbull who wrote (39508)12/19/2000 9:21:55 PM
From: hobo  Read Replies (1) | Respond to of 64865
 
I hope tomorrow does not gap... The NAZ may have some kind of reaction up tomorrow (who knows really).

But i will consider taking profits and then see how it acts... 27 for SUNW seems attractive... or perhaps sell a put @ 25 and see what happens.

Edit:
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However... I keep reading and looking at charts and I am not sure, unless the market changes mood, any possible upside given SUNW good earnings result (is such is the case), will be limited.

As reference I submit ORCL. godd earnings.... yet... stuck in a range between 28 and 32 plus.

At this time selling a put seems like a better strategy than buting the underlying