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Technology Stocks : All About Sun Microsystems

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To: John Chen who wrote (7904)	2/24/1998 4:38:00 PM
From: space cadet	Read Replies (2) of 64865

SUNW was IMO among the strongest hi-tech stocks in Dec and Jan after facing the abyss the month before. However, it now looks like SUNW has peaked for the next couple of months and will either stay where it is or head south. Long term I still think SUNW is a decent hold and will probably appreciate 25-30% on a yearly basis. However, for now it looks like dead money or worse, so I will try to extricate myself soon. I would like to see just a little strength in the next couple of days but I might not get it. A lot more tempting stocks out there right now, so I'll get out in any case soon.

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