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To: Lucretius who wrote (70538)	2/22/2001 5:00:49 PM
From: yard_man	Respond to of 436258

yes Sun sees big slowdown 4:53 p ET Sun Microsystem on Thursday lowered its revenue and earnings targets for the current quarter, pinning the blame primarily on the slowdown in the U.S. economy. Sun now expects revenue in the quarter ending in March to be up between 10 percent and 13 percent from the same period a year earlier versus analysts' estimates for growth in excess of 30 percent. Sun expects quarterly earnings to come in between 7 cents and 9 cents per share, compared with the current consensus estimate of 15 cents per share.

To: Lucretius who wrote (70538)	2/22/2001 5:50:48 PM
From: pater tenebrarum	Read Replies (6) \| Respond to of 436258

i wouldn't rule anything out...let's keep in mind that with the market on the brink of obliteration, everything will be thrown at it to avert a panic...i have a nagging fear that the 'organized support' is out to get us again...if you see the OEX p/c jump to 10 or higher sometime in the next few days get out of puts and switch to calls immediately...that's one of the markers...they did that last time shortly before the surprise rate cut was announced (i.e. they sold a sh*tload of OEX puts ahead of it).