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Technology Stocks : All About Sun Microsystems

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To: Steve Lee who wrote (32881)6/17/2000 1:34:00 AM
From: fuzzymath  Read Replies (1) of 64865
 
I can easily see a drop below 88 if the market has another 10% correction, which seems quite possible to me. But, a drop down to 70 -- I don't think that's going to happen unless the entire market really dives and we see NASDAQ 2500 or so.

This is from someone who (correctly!) predicted a revisit of 70 after the initial visit this spring.

I see SUNW as a very strong stock right now, that will likely outperform a 10-15% drop in the NASDAQ. I consider low 80s a great buy point if we have a dip in the coming weeks.

Kevin
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