Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Charles Tutt who wrote (5928)	12/3/1997 4:37:00 PM
From: Bald Eagle	Read Replies (1) \| Respond to of 64865

<<It's pretty clear to me the analysts and money-movers are clueless.>> I have to disagree with you, I think they know what they are doing, but some of them are amoral and unethical. This is just my opinion.

To: Charles Tutt who wrote (5928)	12/3/1997 4:44:00 PM
From: space cadet	Read Replies (1) \| Respond to of 64865

Amazing strength. Every since sun held the line at 30 it has been straight up. I am glad I held on and only sorry I didn't accumulate more at those fire-sale prices. Unfortunately, I thought the market was going to crash for a few days so my money was tied up in puts then. Anyway I studiously play the covered call game every month, but with the recent strength I'm not sure anymore where exactly sunw will finish out on Dec 19. I'm guessing either 40, 42.5, or 45. I wouldn't want to have my sun called away from me, so I may play this conservatively and stick to 42.5 or 45. These options are both dirt cheap right now so I'll have to wait for yet some more strength. Anyone else playing the covered call game and have any advice? I think one reason for sunw's strength is because sunw tends to have very regular earnings without the disconcerting up and downs of a lot of other tech stocks.

To: Charles Tutt who wrote (5928)	12/3/1997 5:02:00 PM
From: Kal	Respond to of 64865

I think one law to solve the problem would be to shut those analysts up: make it illegal to publish/advertise their ratings, or charge people who need to get the ratings. Or maybe even abolish the rating system, which would probably force people to count on fundamentals and business prospect of company on interest. In other words no hype and manipulation. I don't think analysts and MM are clueless, they know the game all along, and plan those up-downgrades. Just a thought.