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


To: R. K. (Chip) Constantian Jr. who wrote (8190)3/10/1998 1:22:00 AM
From: Carl Wysocki  Respond to of 64865
 
Chip those changes probably indicate the call hasn't traded for
a few days. I haven't looked at the premiums to determine
whether they are cheap, but as a general rule the near term options
are more expensive than the distant options because of the higher
IV.

It's a short term leveraged crap shot as to whether they are a good
buy or not. I think Sun is a good investment for the long term, but
couldn't tell you where it'll be in 11 days. No one can, you just
have to go with your your own assessment.

But, hey, it may be a good gamble.

Good luck.

Carl