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

To: JDN who wrote (14953)	3/26/1999 4:31:00 PM
From: Alok Sinha	Read Replies (1) \| Respond to of 64865

No point in giving Dale a hard time. The short interest in SUN is a few million shares - so why single Dale out for ridicule. (and shorts have made money on Sun in the past - let us say distant past) In the current environment, it does appear unlikely that (except for 8 to 10 points) one could consistently make money shorting this stock. It certainly has become a trading stock and volatility will allow you to get in and out within a few points. So day traders must love it. The breakdown in Intel at the end of the day was worrisome. I was trying to sell some covered calls on Intel today but missed out as I got greedy by an 1/8th. Hopefully there won't be news over the weekend that will weak-en the market (ha ha). Have a good week-end Regards Alok

To: JDN who wrote (14953)	3/26/1999 8:41:00 PM
From: Dale J.	Read Replies (1) \| Respond to of 64865

JDN for awhile that was definitely true. As soon as I disclosed I was short a stock, the stock would immediately soar to new highs. I was a contrarian springboard for the longs. But lately things have been looking up for my dreaded short positions. ORCL fell apart and I closed out my CPQ PUTS for a nice profit after it went Kaput. It's all part of investing. You win some and you lose some. And sometimes you lose some and then you lose some more. <G> "Don't be sad, because two out of three aint bad" -- Meatloaf, 1977