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Technology Stocks : All About Sun Microsystems

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To: jim kelley who wrote (25806)	1/5/2000 7:07:00 PM
From: fuzzymath	Read Replies (2) of 64865

Jim, welcome back! So, some professionals see the NASDAQ as overpriced suddenly, compared with some big old fashioned stocks like those in the DJIA. Do you feel the NASDAQ high-techs as a group are overvalued, or do you have particularly negative feelings about SUNW in particular? To me, the divergence between the NASDAQ and NYSE in recent months was an incredible danger signal--so much so that yesterday I dumped everything (I was 100% in NASDAQ clone FDEGX) and went to cash, waiting for things to settle down. What's your outlook on the next 6 - 12 months for the markets in general? We know bonds will continue to fall (don't we?), forcing the Fed to raise short-term rates... What's your take on the surprising start to this year? Kevin

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