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


To: QwikSand who wrote (12842)12/21/1998 5:01:00 PM
From: trouthead  Read Replies (1) | Respond to of 64865
 
Yes lets ask the Rainman. How much is SUNW worth?

Raniman: About $100, yeah that'd be it, about a $100.
GGGGGGG
jb



To: QwikSand who wrote (12842)12/21/1998 7:29:00 PM
From: Alex Chun  Read Replies (2) | Respond to of 64865
 
When people start saying, in effect, "something is going on that I don't understand that justifies this stock's strength" I begin to worry.

I am bearish on SUNW short-term, even though I'm long. Today I bought protective puts (SUQ Jan. 95) as a hedge. The Internet hype is out of hand, and a tithing to the stock gods is in order. If I lose 100% of my hedge, fine. In the meantime I have some protection against a precipitous decline.

Another key warning sign: Dale seems close to covering. :-)

-Alex