Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (14600)	3/3/1999 11:52:00 AM
From: Alok Sinha	Read Replies (1) \| Respond to of 64865

Sonki, COMS is a bargain, believe it or not. There is very strong support in the low 20s. Since all the bad news is out (and to be honest it is not as bad as the news coming out of COMS during the USRX merger), I don't think there is much more downside. I got back in today (partially at 23.5) and have a limit order to sell naked puts 22.5s. Was lucky my buy order at 25 did not go through yesterday - but wouldn't have bothered me even if it did. Positives - Great technology - Palms, NICs, (they have more than held their own aganist MSFT and INTC) Internet Service deal, stock buyback Negatives - lack of creditbility with Wall Street - general nervousness about tech earnings I am amazed at the number of fickle investors in Intel. I can't believe how much the stock has dropped in the last 6 trading sessions. I think SUN will probably weather this tech sell-off better than most. The split ought to help (helped AOL, but not helping ORCL much) I was very impressed by QNTM CEO on cnbc the other day. Will use any further weakness to further accumulate. Regards Alok

To: Sonki who wrote (14600)	3/3/1999 12:20:00 PM
From: Mephisto	Respond to of 64865

I thought Sun used their own chip. Thanks for the info. Sun holds up well in the market. Good!!! If I were you, I would stay away from Intel, unless there is positive news on the company. You never know what the Justice Department will turn up at the anti-trust trial. I know very little about anti-trust trials but I told my husband that I thought it would be a hoot if the Justice Department gave Andy Grove immunity if he agreed to tell what he knows about Bill Gates!!! (gggg). I'm sure this maneuver is impossible. Hope you have a nice day! :D See Oracle is down. Any particular reason?