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

To: SFW who wrote (13961)	1/24/1999 2:33:00 AM
From: ROBERT H.	Read Replies (1) \| Respond to of 64865

Nice reversal in progress for SUNW next week!!! Charts tell the story. Up from here. REGARDS, BOB

To: SFW who wrote (13961)	1/24/1999 9:33:00 AM
From: Dennis	Read Replies (1) \| Respond to of 64865

Hi Abed......thanks for the warning.....I am fairly new to trading and I have a lot of paper practicing to do before I try something like options.....experience is the best teacher. Good Luck

To: SFW who wrote (13961)	1/26/1999 5:25:00 AM
From: nihil	Respond to of 64865

Take a chance! Get rich. Anything you are willing to hold long term you must be willing to sell puts on or buy LEAPs calls on. You can take as much risk as you want. Buy in the money LEAPs calls for a fraction of what equivalent shares would cost. Sell out of the money puts as cheap as you want. The broker will insist on margin to protect him, not you. Its hard to overcommit (although I've got away with it several times.) Got broker (not Federal) calls, and the broker let it slide and reduced my margin requirements to suit. When a Four Horseman is on a roll, and expiration is coming up, I stuff myself with out of money short puts and clean up so often that I wonder more don't do so. The risk-reward I aim for is 3/1 or less, and I have never yet been assigned on short puts. I usually sell the stock running up to earnings (like Intel this month) and that adds -- if the stock drops, I was well out of it and get it back at a cheaper price (if I'm assigned on the short puts). Try it! You'll like it. Calculate your risk-reward and cash in -- its better than buy and hold.