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

To: E_K_S who wrote (15002)	3/29/1999 1:10:00 AM
From: muleskinner	Respond to of 64865

Did any of you ever think of playing both ends against the middle------ I keep two accounts-----one for only long term purchases-------the other I churn short gains and there by buy and sell the same stock in two different accounts--------I find that churning fast trades sometimes does just as well and the long termers-----and it depends on the stock of coarse-------so I am advicating both roads--long term and short term----they both have their merits-------Mule

To: E_K_S who wrote (15002)	3/29/1999 11:49:00 AM
From: Sonki	Read Replies (1) \| Respond to of 64865

please email this suw I.Relations. i was thiking the same thig. i assume others will joim u. hedgig all my stocks.

To: E_K_S who wrote (15002)	3/29/1999 1:29:00 PM
From: Lynn	Respond to of 64865

Hi Eric: First, I know a lot of people try to balance their portfolios, but I have never attempted to do this, so for me to give any advice regarding asset reallocation would be wrong. I do not, however, have all my money invested in tech stock; I also like banks. Second, I like the idea of converting some of my shares into SUNW bonds. I do not know, however, how difficult something like this would be for SUNW to implement. The pricing and conversion ration might be real tricky for SUNW given the price movements of the common stock. Also, by getting our shares in exchange for bonds, SUNW would have to sell our (old) common shares on the open market to get the money they want, which they would not be getting by just swapping our common shares for the new bonds. I have never heard of a company doing a common stock for convertible bond swap with shareholders, but this does not mean it has never happened, just that I have never heard of it myself. If I were one of the powers that be at SUNW, I would not want to go though the headaches of swapping common stock for convertible bonds. What would be nice, real nice, would be for existing SUNW shareholders to be given first crack at the bonds, being given the option to buy a maximum number of bonds based on one's common share holdings. Lynn

To: E_K_S who wrote (15002)	3/29/1999 2:30:00 PM
From: JDN	Respond to of 64865

Dear Eric: A novel idea, but I am reasonably (not completely) sure that it would NOT BE a tax free exchange. I say this because a debt issue is a different asset than an equity issue, thus not a like kind exchange. The convertible aspect is the only part I am unsure of but even there EVEN if it were a tax free exchange a value would likely have to be assigned the convertible aspect of it and the balance taxable. All in all, I suppose the headaches and tax issue might be why I have never heard of this before. JDN