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Technology Stocks : All About Sun Microsystems

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To: Sonki who wrote (3843)	9/10/1997 3:10:00 PM
From: uu	of 64865

Sonki: > should we wait for strong buy on sunw to sell? Actually in case of SUNW it no longer matters because the majority of investors do not really take these analyst's words when it comes to SUNW (wished it was the same with other stocks also). This is because these analysts have become like the boy who cried wolf! Anyway, I personally think profit taking will be in order for short term thinkers who believe there will be a major correction sometime from the 3rd week of September (this month) through October. However I believe the bottom resistance for SUNW will be $44.5 (if a major profit taking is to take place). The earnings will be extremely great with an explosive revenue growth ahead. So in my opinion anything below $47 is an opportunity of a life time. The $60 target price is anyone's guess. I, in my humble opinion only, believe, SUNW willl be in mid 60's- low 70's (at least) by the middle of next January (if no split is announced before then). Regards, Addi Jamshidi

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