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


To: Bald Eagle who wrote (6307)12/19/1997 5:25:00 PM
From: Alok Sinha  Read Replies (1) | Respond to of 64865
 
You may have made money with SUNW always, due to timing and patience, but that does not necessarily mean it is the case for all stocks, all investors, all the time. People have a right to be bearish and make money on the downside. No point deriding them if their opinion differs from yours. In the holiday spirit, and to be consistent with the "lecture" (as twister put it) I gave him for ridiculing SUNW bulls, I think you deserve the same.

To all SUNW bulls, try to enjoy today's move up without getting too arrogant. Given the precarious condition of the market, ANYTHING is possible. I, for one bailed out of my Jan 40 calls at 1.5 (even though I had originally thought I would hold it till sometime in Jan). Planning to re-enter again at about 1.
Will definitely trade some Jan 37.5 puts if the stock continues to move up.

Regards

Alok