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Technology Stocks : All About Sun Microsystems

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To: QwikSand who wrote (17000)6/9/1999 4:45:00 PM
From: Eric.sun  Read Replies (3) of 64865
 
It seems like 62 is the short term resistance for SUNW. With
today's news, it tried several times to break through until
the end of day. Maybe some big boys want to keep it down below
62. If it breaks 62, it will be in 65/66 range again. Tomorrow
SUN has the analyst meeting, this quarter should be doing
well. It would be a big surprise if SUN give lower guidance.
Then maybe another good day tomorrow will push it through 62
and end up in 65 range. Unless the interest rate concern is
really a big issue. Anyone would like to share his thought?
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