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

To: Charles Tutt who wrote (44176)	7/20/2001 5:59:48 PM
From: E_K_S	Respond to of 64865

You called it Charles- $15.03. It played right into the "Option Maximum Pain Model" price (http://www.iqauto.com/cgi-bin/pain.pl). This option model works pretty good. However, it's not very accurate several weeks out but as you get close to the expiration date it becomes quite accurate but by that time all the option premium is gone. I agree with you, the true test for this stock is (1) if we can stop the bleeding in the price and (2) just consolidate at these levels, (3) trade lots of volume and (4) see the general economy turn in the next few months. I am hoping that we get some sort of short term rally next week so I can write some covered calls on stock I bought a few weeks ago. Have a great weekend. EKS