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Technology Stocks : All About Sun Microsystems
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To: Stephen M. DeMoss who wrote (38911)12/11/2000 11:23:08 AM
From: techtonicbull  Read Replies (2) of 64865
 
I think a company comment would be the worst thing for them to do. I think that this movement will be a "blip" on a monthly graph when all is said and done. I know how traders react to rumor and innuendo. It is totally irrational and it also is constantly out of sync with reality. The professionals are no better either. So watch for the momentum turn in the stock and look for it to turn up and make up a good deal of the recent losses.

I am on the sidelines. I bought the stock for its fundamentals and I am expecting it to rise to much higher levels,

Let the traders "knock" themselves out by trading another 114 million shares only to be back to where they were.

I cannot see SUNW trading at this PE for too much longer.

Also the shorts will panic and get squeezed here at the end of this cycle too . Watch!
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