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Technology Stocks : Sun Microsystems
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To: JP who wrote (599)4/11/1997 1:12:00 PM
From: Maher Sid-Ahmed   of 630
 
JP. You may be right. However, the stock performance so far is not encouraging. The shares climb to $31 and in a matter of days drop back again to $28 or less. If the volume is small I would say the stock is being manipulated, but this cannot happen with large volumes. whenever a company represents a threat to Microsoft, Wall street becomes bearish on their stocks. You can draw the same conclusion by following similar companies that compete directly with MSFT. I just hope this stock return to its high of $35 after their upcoming quarter announcement.

Maher
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