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

To: Rational who wrote (5255)	10/30/1997 7:41:00 PM
From: Carmine Cammarosano	Respond to of 64865

Buy the calls when the stock gets beat up...it is the only way to get them cheap...sell the calls after the stock has a great run...it is the only way you will get a good amount for the calls...on the put side: if you want to buy the puts, do it after the stock has a good run, at which time these puts will be cheap...and sell the puts after the stock gets beat up, it is the only time you will get a good amount for your puts...good luck...

To: Rational who wrote (5255)	10/30/1997 9:05:00 PM
From: Sonki	Read Replies (1) \| Respond to of 64865

sankar, i have made great leaps w. leaps w. these kinds of calulations. but now how do i make 15% with the extra capitol... the extra capitol has to stay in safe place. (i.e. 7%) bonds. thus the name of the portfolio... Leap and bounds. good luck w. this stock... i think that $23 better stay in money market so more sunw can be bot at $23.

To: Rational who wrote (5255)	10/30/1997 10:14:00 PM
From: uu	Read Replies (1) \| Respond to of 64865

Sankar: Re: the SUNW 2000 Jan Leap I am afraid I do not even know how to speculate on that! I am not an option player. Last year for a while I wrote covered call options for my SUNW shares but I no longer do that. Some may call me boring when it comes to investing but my strategy is to buy and hold on, till my target price is reached. After 12-13 years of being in the market one thing I have learned is that to gain the most out of your investment one m ust have the discipline to be patient! Trading, playing options, etc. may result in a quick short term gain, but because of the mentality that one develops due to trading/option playing strategy, one uses the gain to play somewhere else and most often he/she ends up losing what he had gained! To me that becomes more of a gambling than investment. Regards, Addi Jamshidi