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


To: Ben Antanaitis who wrote (8595)3/27/1998 12:02:00 PM
From: E_K_S  Read Replies (1) | Respond to of 64865
 
Hi Ben - Two thoughts on the recent move....(1) Would SUNW be interested in SGI after the MIPs division is sold? They would not have to build the new facility they are planning (on the Agnews site) if the right price is offered.

(2) It also look's like some window dressing or an option play. Did you notice the large block of April $45 puts go off (8:05 AM PST) at $3 5/8 (over 1000 contracts) BEFORE the big fall. It appears that there might have been some forward trading based on this option purchase/sell.

Dodn't know but I am watching.

EKS