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Technology Stocks : All About Sun Microsystems

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To: QwikSand who wrote (18689)8/19/1999 4:30:00 AM
From: Charles Tutt   of 64865
 
That's what it looks like to me, BWDIK? See:

bloomberg.com

I doubt "smart money" would dump $100 million worth of IBM within about 5 minutes -- surely "smart money" would do a better job of distribution. Nonetheless, that's what seems to have happened (the dumping part, not the smart part). Seems likely to have been either a serious case of lemmings over the cliff, or perhaps an arbitrage; either way, it may be resolved by the a.m.

The only negative IBM news I saw was that relating to Sequent, and surely that's small potatoes (and doesn't extend to SUNW).

Again, JMHO.
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