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


To: Ben Antanaitis who wrote (10082)6/6/1998 4:44:00 PM
From: Sonki  Read Replies (1) | Respond to of 64865
 
Ben: i finally took time to study pnf and OI. Can i make a suggestions? what do you think of this?

for e.g. orcl, sunw and msft will have FY end in june. There fore july
earning ( i expect all there companies to do very well).

instead of stuyding sunw options for every month would it give us better idea if we studied the CHANGE in july options every month
so i.e. april, may, june.. study the pain level in july.

Total july open intrest suggests present and past story. If u currently study july options it will match with your TA. and my FA.

if u study change in july options for last three months if might establish a trend ? Accroding to TA I picked up the following.
Are these created automatically or are they typed in by you?
I think we will be at R4 and or close of $50 please check the OI and u will see the huge difference. Also look at zack's estimate with 22 pe comes to this same number.

ofcourse, if sunw screws then we see 42.5 again. which is real possility since even intel is having problems and declining earnings.


sUNW is in a bullish trading trend and gave a 2nd buy signal.price objective is $52.25.

R1 - R6 are from R1 = 44.5 ; R4=52.5 ; R5=55; R6=65