-The Suns have never talked to the Cavs within the last few weeks and no trade is imminent
-There have been offers for Amare but nothing of quality
-The Suns might want to trade up on draft night
http://ktar.com/?sid=1179562&nid=624
Let's clear one thing up right off the bat. The Suns and Cavs haven't talked at all in the last few weeks about a trade involving O'Neal and any belief that a trade is imminent is total BS.
As for Amare Stoudemire, all is quiet on the trade front with the Suns most talented player. If the Suns cannot get a great basketball deal in exchange for Stoudemire they may just decide to keep him and play next season out. So far there are a few teams very interested but no quality offers.
On the draft front, Phoenix would love to move up to have a shot at Memphis' Tyreke Evans or Davidson's Stephen Curry, but if they stay at 14 there are several players they have their eyes on right now, including Louisville's Earl Clark and Terrence Williams, Wake Forest's James Johnson, Duke's Gerald Henderson or North Carolina's Wayne Ellington.