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

To: Dale J. who wrote (15175)	4/5/1999 9:18:00 PM
From: Labrador	Read Replies (2) \| Respond to of 64865

Dale J, you say "SUNW is way overvalued IMO, but who knows maybe tomorrow it will be even more overvalued." How did you value it? I think that one needs a futuristic type view and we'll see $150 very soon.

To: Dale J. who wrote (15175)	4/6/1999 12:31:00 AM
From: Alex Chun	Read Replies (1) \| Respond to of 64865

Dale, how in the world does one short a stock with puts? This does not make any sense to me. If you buy puts, that doesn't mean you're short any more than buying calls means you're long. I am unhappy because you appear to have misled me badly. All this time I've been thinking "Wow, he's really taking the squeeze," when in fact there never was any squeeze; unlike a true short, your risk was limited at the outset. If you want to make bad or brilliant trades, fine. But spare us the egregious misrepresentations! -Alex