All About Sun Microsystems Message Board

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Technology Stocks : All About Sun Microsystems

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To: grogger who wrote (886)	3/16/1997 2:17:00 PM
From: Andy M.	of 64865

Rob, I've been following orcl and sun for about the last six months and I watched you calmly defend orcl while it was plunging, keeping your eye on the earnings ball. That strategy may also pay off with SUNW. Before last earnings, the stock was down around $25, and the "convinced bulls" said "hang in there, there's been mainly good news," and they were right. It went up to 33 shortly after earnings. In the next few weeks the stock may drift down due to interest rates and general anxiety but, based only on my reading of this thread and the news articles I read at yahoo.quote.com--I'm no expert, there's a good chance this stock will right itself with the earnings announcement. With ORCL's lesson in mind, I doubt this would drift below 28-29 before people start betting on good earnings, bidding it up. I bought more at 30.125 the other day. Andy

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