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Technology Stocks : Sun Microsystems

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To: RAT who wrote (615)4/16/1997 9:53:00 AM
From: Maher Sid-Ahmed   of 630
 
If you examine the reaction to the previous quarter announcement the stock price did exactly the same thing, it tumbled to $27-$28 and then rebounded to a high of $35. This stock has been like that for sometime, and I just guess it will repeat the cycle again this quarter. It may eventually go to $40 if institutional investors and momentum players bid it up to that level otherwise it may be stuck in neutral.

Maher
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