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

To: Alok Sinha who wrote (16819)	6/2/1999 11:21:00 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 64865

Will see if SUNW will close at or above 55 today. I like the heavy volume. Haim

To: Alok Sinha who wrote (16819)	6/2/1999 11:31:00 AM
From: E_K_S	Read Replies (1) \| Respond to of 64865

Hi Alok - I am looking to cover my Oct $72 1/2 calls at the $1 5/8 - $1 7/8 range. I sold these for $8.00 at the time of the split. I believe SUNW needs to break $50 for me to get my price. It looks like Sunw's recent price trend is forming a "M" pattern and we are now working on the final leg of the trend. I will be watching for a lower low on low volume. The OBV still needs to go negative. My 14 day OBV still is positive at 67 million. I would like to see it at -50 million or even -100 million. We will need a few more down grades and sell orders to reach these oversold OBV values. IMO, anything under $45 would be a good BUY point, but I really do not think we will get there unless SUNW misses their earnings number. EKS