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


To: Ben Antanaitis who wrote (8377)3/17/1998 7:02:00 PM
From: Haim R. Branisteanu  Respond to of 64865
 
Ben, I was using similar model successfully for several expirations. The pitfalls are that some times even if the option expire worthless they may still assigns to you the stock.

Last time it happened to me was in December 97, got assigned 1000 shares of a stock at 50 even that the stock closed at 50.

Just curious to see if Friday SUNW will close at 42.5 the open interest points this way.

Haim



To: Ben Antanaitis who wrote (8377)3/18/1998 2:32:00 AM
From: Gottfried  Read Replies (1) | Respond to of 64865
 
Ben and all, earnings estimates...

SUNW: BUCKINGHAM RES has reiterated estimate for quarter
ending 03/98 of $0.58 on 03/16/98
SUNW: BUCKINGHAM RES has reiterated estimate for quarter
ending 06/98 of $0.74 on 03/16/98
SUNW: Major Broker increased estimate for long term EPS growth
from 15.00% to 17.00% per year on 03/11/98

(source Zacks)

GM