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To: IQBAL LATIF who wrote (18963)	7/16/1998 5:41:00 PM
From: Sonki	Read Replies (2) \| Respond to of 50167

<Sun will move up smartly> i sold july45 and bot july50 @close. what do u think i can sell for? sunw 53? sold msft leaps in AM. msqab thx.

To: IQBAL LATIF who wrote (18963)	7/16/1998 8:47:00 PM
From: Sonki	Respond to of 50167

Hey IQ, u r right on, this article was posted at 6:44 and your post at 5:11. It happened just like that. Ok. let me clarify. do you think sunw will trade above 52 tomorrow given old high is 53. I bot july 50 today and I double at 52. If goes to 53 (which is old hi) I tripple. cnnfn.com Software titan Microsoft (MSFT) managed to round out fiscal 1998 by beating expectations for the quarter and the year. The stock ended unchanged at 117-3/8, but slipped to 116-1/2 in after-hours trading. Sun Microsystems (SUNW) beat expectations by 2 cents a share, on record sales of its high-end workstations. Ahead of that report, the stock edged up 9/16 to 49-15/16. It rose to 51 in after-hours action.

To: IQBAL LATIF who wrote (18963)	7/17/1998 1:29:00 PM
From: IQBAL LATIF	Read Replies (3) \| Respond to of 50167

Trend is my friend-- thumb rule and the only evergreen rule of the market-- a close above 2000 will be a good signal here. A word on MSFT-- 125 calls only for momentum players -a hi risk but possibly good trade.Msft ater dipping to 116 looks like hitting for 128 area- I se some momentum building up- I agree that the multiple is high but in my opinion it goes higher before retreating.Even later entrants may look at SUNW for OCT 60 calls well outside money.