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

To: Jerry Olson who wrote (13814)	1/21/1999 6:20:00 PM
From: Alok Sinha	Read Replies (2) \| Respond to of 64865

What is your experience with respect to option volatility dropping once news is out. I am in two minds with respect to my puts, it gives me an opportunity to buy at 91 (or I could bail out sometime during the day and buy the stock directly. I don't expect the stock stay down for very long, esp after the earnings report (split, stock buyback, Scott on TV, Jini on Monday, etc. etc.) IBM also did well in its earnings; howver S&P and NAS futures are down a litle, so I expect a weak open. I am quite sure day traders will drive this baby down 3-4 points in the morning. If the market strengthens, I expect to see 100 again later in the day. Alok

To: Jerry Olson who wrote (13814)	1/21/1999 8:58:00 PM
From: Sonki	Read Replies (3) \| Respond to of 64865

oj, cnbc said ibm was down about 7-8 points. is this true? i m just hearing it now. sunw is one of my core position because i think the street is just learning about Sunw. Sunw always reports the same old penny or 2 better. it's the only stock (besides the nuts) that has come thru w. a split indicating that mngmt sees great prospects else they would not be buying back at this level. Who knows what they have got up their sleeves. Also makes a good trading stock. if you follow the chart crafts. temporary profit taking might take place after such a huge run up and this will met by instituion buying. if u r on the ball all the time, u can make mony trading while knowing there won't be any negative erning surprises