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Technology Stocks : All About Sun Microsystems

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To: Ben Antanaitis who wrote (8493)3/24/1998 3:00:00 PM
From: uu  Read Replies (2) of 64865
 
Well, I think we may just be getting ready for a nice 5%-10% drop in the overall market. Of course this is just my humble opinion which may end up being totally wrong. However according to my calculations the sell off should start to take place starting end of this week/beginning of next week. And I do realize in the current exuberant environment my statement of a sell off sounds a bit idiotic (to say the least), however if stock prices still are viewed to reflect the underlying fundamentals, valuations (e.g. earnings and revenue growth) then I believe we are due for a nice somewhat of a hard hit correction!

Let the shopping season for little guys (such as myself) begin (shortly hopefully starting next week)! And if I end up being wrong, oh well... just have to wait a bit longer after the Q1 earnings are all out before I can convince myself to be 100% invested again even if it is going to cost me at higher prices than today!

Regards,

Addi Jamshidi
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