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


To: Eric.sun who wrote (16373)5/12/1999 7:38:00 PM
From: Eric.sun  Read Replies (1) | Respond to of 64865
 
Did anyone hear any rumor that comdex/fall will feature Scott
Mcnealy as the first keynote speaker this year? I read some
article on SmartReseller talking about the possibility. The
first keynote has been Bill Gates for many years, the new era
of computing probably should replace billg with scott. And that
will change the whole psychology of computer industry.



To: Eric.sun who wrote (16373)5/12/1999 8:07:00 PM
From: Alok Sinha  Read Replies (1) | Respond to of 64865
 
I guess I am more nervous about the market than you are. Last few times being nervous has helped. SUN's volatility will allow you to buy at reasonbale prices and sell at unreasonable prices. I think shorter term (i.e. next two weeks) the following can upset the market:

1. Fed meeting (usually market gets nervous as meeting approaches)
2. Inflation figures coming out tomorrow and Fri
3. Option exp - next week (has been negative the last couple of months)
4. The fact that NASD has rallied about 150 points in the last 4 sessions (last time this happened it went down about 200)
5. Long bond is up above 5.8%. It was in the 5.2 - 5.4% for most of Mar - April.

On the bright side, I am wrong more than 50% of the time in predicting the market's direction so maybe the rally has more steam.

Regards

Alok

I bought Intel Jun 60 calls when it sold off 5 points last Wednesday, should have bought SUN calls instead but I thought I had way too much exposure on the long side.