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Technology Stocks : All About Sun Microsystems

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To: SteveC who wrote (30764)	4/14/2000 11:25:00 AM
From: Jim McMannis	of 64865

RE:"When she said that high risk portfolios should reduce the portfolio from 100% stocks to 85% stocks and 15% cash, that was the beginning of our downturn. " Steve, you might want to look at a historical chart of the NASDAQ...you'll see that the big downturn started after the Microsoft talks broke down for the last time and Reno got back on TV with the high fiver Lawyers.... Abby Cohens remarks were well prior to that. She is just one of many wall street analysts. Her power isn't even a drop in the bucket compared to having the DOJ and subsequent lawsuits on your back and possibly on the backs of other high tech companies. Just because the "DOJ" story is getting old doesn't mean it is any less influencial on the markets. Lawsuits just aren't swept under the rug. They have to run their course and that takes times...all the while casting a dark cloudon a company or a market. Abby can just issue a buy and make things right where as the DOJ and states attorney generals and their lawyers will grind out their pound of flesh. Jim OTOH, SUN is a great buy at the bottom... Jim

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