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

To: Prognosticator who wrote (41107)	2/10/2001 9:08:08 AM
From: im a survivor	Respond to of 64865

<<Sounds sane to me. I bought some 03 $25's yesterday for $11, seemed like a real bargain, but I'm looking at the $35's as the price drops. Two years should take us out of this recession, or whatever it's being called today. I can wait. >> Agreed....I will keep buying the sunw 03 leaps about $5 - $10 OTM, as sunw drops.....I figure two years is plenty to fill a gap from two weeks ago....even if she continues to fall, the premiums are dirt cheap and have possible high% return possibility. SUNW is a bellweather. If SUNW is still beat up in two years, my guess is the whole economy is in trouble which will mean trouble for any stoc...so why not go with one that has proven over time what it can do, is large enough and diverse enough to kick butt in any environement....and again....can't get over those cheap premiums....my charts indicate a simple filling of the gap to $34 from couple weeks ago should give the 03 $35 leaps about a 100% gain...and thats simply silling a gap from two weeks ago...additionally, the charts indicate, pretty much any 03 that is about $10 otm will see 100% or so on a $10 pop......so a double looks like a gimmee as long as sunw can get a $10 pop in the next two years, and much higher returns can be had if sunw makes any kind of a decent move......good luck to all longs.