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Technology Stocks : All About Sun Microsystems

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To: Jean M. Gauthier who wrote (21618)10/24/1999 8:32:00 AM
From: Ivan N. Antich   of 64865
 
Okay guys, I am an analyst with a major brokerage house. Now I have this terrific weapon that lets me downgrade any stock I want in the computer sector and nobody will question me about it. It's the Y2K bug!
Here's how I use it:
Let's look at stocks that had a terrific run up and are about to report earnings with high expectations. Haha! here's SUN MICROSYSTEMS. Well, I don't know much about the company but there's always a possibility that they will disappoint and the stock will tumble. So I place my shorts. If they miss their earnings I capitalize big time on the down turn. If they don't, I use my weapon to damp the effect of the good earnings and I quickly cover my position.

This scenario is hypothetical. I am, of course, no analyst. Just trying to stay lucid.
-=Ivan=-
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