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Technology Stocks : All About Sun Microsystems

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To: Eski who wrote (24934)12/16/1999 8:05:00 PM
From: jim kelley  Read Replies (1) of 64865
 
In addition, to being way overpriced for a hardware company
the split momentum in the stock is already finished.

In the absence of any news bearing strongly on future earnings. This stock will loose pricing traction. If you have had such profits why not lock them up and move on to another stock that does have traction.

Moreover, the stock is very vulnerable to any execution errors or slips in revenue and earnings. Simply, put the upward momentum is spent and there is more left to lose than there is to gain from this stock.

:)
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