SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Sonki who wrote (13436)1/14/1999 12:57:00 AM
From: Alok Sinha  Respond to of 64865
 
Well the action in SUNW over the last couple of months has certainly outshone DELL, I have to give you that.

I am in a dilemna with respect to my Jan 100 Puts. I am tempted to take the profits early tomorrow AM, but something tels me that one of the anlysts will downgrade tomorrow or Fri to pick up some SUNW on the cheap before earnings. In the past when SUNW has had an unusual run-up it is followed by some profit-taking. I won't be unhappy if it trades at 95 during some point in the next couple of days. What do you think are the odds of that.
Any ideas on after ho figures.

Alok



To: Sonki who wrote (13436)1/14/1999 4:08:00 PM
From: Alok Sinha  Read Replies (1) | Respond to of 64865
 
Bailed out of my 100 Puts at about 5 before the close, having bought at 1.25 yesterday. May have been better to hold on till tomorrow given the sell-off in the last 15 minutes, but I just didn't have the nerves. Thanks for the money flows.

By the way, I have been lightening up on stocks since the first week of Jan and have raised substantial amount cash. Any bargains that stand-out in your opinion, please. I should have taken your advice on EMC when it was still on earth. Still holding on to ASND however.

Regards

Alok