The IBM offer is flattering to Sun, and several analysts were scratching their heads over the initial premium of nearly 100% IBM was said to have been discussing.

IBM的报价已经对Sun估值过高了，几位分析师也对据说IBM正在讨论的将近100%的溢价感到大惑不解。

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A prospective premium of about 30 percent on their initial investment is enticing.

初始投资30％左右的预期收益是诱人的。

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The initial searches were free, although each service charged a premium for some of the data it uncovered.

最初的搜索是免费的，虽然每项服务会为提供的资料收取一点管理费。

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Though the trader did not exit the position yesterday, it seems he was still able to sell the puts this morning at a premium to his initial cost.

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"The substantial premium reflected in our initial proposal anticipated a friendly transaction with you, " Ballmer wrote.

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Moreover, the reduction in the premium can outlive the initial shock.

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