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Technology Stocks : All About Sun Microsystems
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To: Charles Tutt who wrote (26987)1/30/2000 9:10:00 AM
From: Steve Lee  Read Replies (1) of 64865
 
The reason I went long PCMS whilst contemplating shorting SUNW is that I thought PCMS would go up and SUNW would go down, which is what happened.

Then I got out of PCMS cos I thought it would go down, which is what happened.

I would be surprised to see SUNW close below 75 in the short term, unless a vicious correction arrives.

I will be looking for a shorting opportunity in the future, depending on stock action and my perception of the fundamentals. That scenario may not happen for a number of months yet, as the average Joe investor is often quite late to see what is happening in the corporate buying world.
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