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Technology Stocks : All About Sun Microsystems

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To: Tecinvestor who wrote (26417)1/19/2000 12:28:00 PM
From: QwikSand  Read Replies (1) of 64865
 
This low-80's resistance point/double-top is frustrating, but I'm hoping that we might move through that Friday if the concall is optimistic enough. SUNW could end up as the only player in its space who doesn't resort to doctored up "synthetic" earnings to meet estimates, and a solid growth picture going forward. Note I'm not predicting a blowout (since there won't be one), just convincing positive guidance. If the market isn't tanking that should do it.

And hey, the Paine Webber guy raised his price target from $65 to $77 yesterday! That's quite a jump!<g>

--QS
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