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Technology Stocks : All About Sun Microsystems

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To: Mephisto who wrote (24461)12/9/1999 4:27:00 PM
From: JDN  Read Replies (1) of 64865
 
Dear M: I am not sure but I am guessing that number of Institutions took today to pare their losers and to recognize some of their gains for portfolio dressing for the upcoming year end statement. A number of the large cap techs with large gains had a lot of volume today. So far as SUNW is concerned I think it was a good day to have it happen. We opened up quite high so we didnt suffer much with the big volume.
Jim...I take exception to your comments on SUNW management. IMHO based upon what I have seen, I think their honesty stands higher then most. Scott M. in particular doesnt mealy mouth around, he calls em as he sees em and I havent seen him change in any way for the several years I have followed him. JDN
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