All About Sun Microsystems Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : All About Sun Microsystems

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Haim R. Branisteanu who wrote (17057)	6/11/1999 2:34:00 PM
From: Alok Sinha	Read Replies (1) of 64865

I though I heard this morning on CNBC that SUN was meeting with analysts. That probably explains why the stock is holding well in this sell-off. Still have my order to buy back SUQFM at 1/8th, market makers are not letting it drop below 3/16th. One potential wild card which may affect financial stocks over the next couple of weeks could be some hedge funds and banks taking big hits from wrong interest rate bets. The last time rates moved so sharply (in 1995) Bankers Trust got into lot of trouble for selling derivatives to corporates which took big losses due to jump in short term rates. The speed with which the 30 yr bond has gone over 6% is truly amazing. I guess the bond market has already priced 2 and not 1 rate. Regards Alok

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next