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

To: Dennis who wrote (14859)	3/19/1999 3:04:00 PM
From: Alok Sinha	Read Replies (1) \| Respond to of 64865

I was only trying to predict the price for the end of option expiration if the market continued to tank- did not mean to imply any long term support point. However, with IBM's rev shortfall (even though it dosen't affect SUN's fundamentals, not yet) the 50 day moving average may be a good level for SUN to bounce off, if the stock does go down. I got nervous when it started tanking and covered my naked Mar 110 puts (which I wrote a couple of days ago). I think picking the stock below 110 should be possible in the upcoiming weeks. Regards Alok