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Technology Stocks : All About Sun Microsystems

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To: cfimx who wrote (26770)	1/25/2000 5:47:00 PM
From: Haim R. Branisteanu	Read Replies (2) of 64865

twister it is about time to know that a stock today does not move based on fundamentals but on speculation only. If a stock is in play it runs regardless of fundamentals. Therefore all the writings on this tread about how great this company is or how overvalued the stock is are irrelevant to stock price movements. SUNW is a momentum stock period until it will stop. Until then try to play the moves in hope you are on the right side. Company Products, Sollaris 8, Java and Hogwash are about equally as important to the stock price move. Wen and if the speculators will abandon SUNW as a stock the price will fall to below 20 P/E - so you do the math. In the mean time just play the stock like you play chips in a casino. It works for me. For toaday bought at 78 5/8, 78 and sold at 82 1/2 SUNW now bid 81 7/8 on instinet. I also placed an order to sell 100 shares on Instinet at 84 as a crap shoot so those evenagelist about SUNW please bite 100 share for $84 a bargain today. BWDIK Haim

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