SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Christopher Reed who wrote (16434)5/16/1999 10:35:00 AM
From: Marvin Mansky   of 64865
 
Next week will be very volatile for SUNW. If HWP beats expectations, does this bode well for SUNW? I think in the short term, no. Since they compete so closely in their unix workstations, servers, embedded systems, etc. If HWP doesn't meet expectations on Monday after the close of trading, Tuesday will see a general technology collapse.

There is also inflation fear of a Fed rate tightening at the next FOMC, which will cause SUNW to drop early in the week.

BOTTOM LINE: This is a great opportunity to jump in and buy more SUNW. I would be looking at 58 to pick up shares this week.

If the Feds raise rates, I am looking for a generally greater decline due to bonds getting very cheap and competing with stocks.

Longer term, I see SUNW reaching 100 by year's end.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News