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


To: Jacob S. Rosenberg who wrote (16441)5/16/1999 4:34:00 PM
From: Ben Antanaitis  Respond to of 64865
 
Jacob,

FYI The current spectrum of May'99 Open Interest (expiring this Saturday 5/22) points to a Friday price(sometime during Friday trading session) for SUNW of $60 so the option writers have their smallest exposure to losing any money. SUNW is not expected to have any significant news releases to cause momentum in the buying/selling either up or down, so the Max-Pain Point&#153 effect may hold again this month.

Ben A.
ez-pnf.com



To: Jacob S. Rosenberg who wrote (16441)5/16/1999 6:41:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 64865
 
Jacob, could you give me a rational justification why SUNW should trade at such high relative P/E?/

Were will IBM or HWP trade if same P/E will be applied their stocks??

Haim

BTW - I believe every word and projection of every sell side snake oil pushers <GGG>