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Technology Stocks : All About Sun Microsystems
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To: Alok Sinha who wrote (18563)8/10/1999 1:06:00 PM
From: QwikSand  Read Replies (2) of 64865
 
SUNW is doing its usual high-beta number, that's to be expected. It's got nothing to do with Ebay, and I haven't even seen anybody say this outage was a Sun problem (I have seen them say it's a Cisco problem).

But I wonder if this isn't a full-fledged crash revving up here (not of SUNW, but of the market). I'm not selling, but a lot of other people sure are. I haven't seen the market grind down day after day like this for a long time, and it was grinding down really even when the DOW was appearing to go up for many days in a row, given that we've had record divergence between DOW and A/D lines.

This looks like a bummer. Those goddam BEARX people are rolling in the aisles.

--QS
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