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

To: Haim R. Branisteanu who wrote (16820)	6/2/1999 11:39:00 AM
From: Alok Sinha	Read Replies (1) \| Respond to of 64865

I have had a buy in for my Jun 60 calls as 13/16 and Jun 65 at 1/8. Neither is going thru and I hate to change my limit price. I may still do so - since I can can get much higher premium for the July options. If the NASD stabilizes, between a 30 - 40 point loss today, SUN will most likely close over 55. Eric, SUN will not miss its numbers (at least this qtr). They recently had a mid-qtr update meeting with analysts and indicated that the qtr was progressing very well. I typically close my covered calls if I have a big gain, and re-write it once the stock moves up a few points( based on SUN's volatility that usually happens). Regards Alok