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: Dennis who wrote (14841)	3/19/1999 12:04:00 PM
From: Alok Sinha	Read Replies (2) \| Respond to of 64865

The action in SUN (and a number of stocks such as DELL, NT) is confirming my long held belief that option market makers are ruling the roost. If the NAS dosen't collapse later today, I expect SUn to close around 115. (give or take an 1/8th). It is also my experience that the inventory accumulated (long or short) by the market makers comes back on the market relatively quickly. If the stock volume is heavy relative to option open interest then I don't think the market maker has as much influence. On DELL, I suspect market makers stand to profit substantially if it can close near 40. Look at SUN to retrace some gains next week. By the same logic DELL may break-out upwards. Regards Alok