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Technology Stocks : All About Sun Microsystems
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To: Alok Sinha who wrote (27387)2/8/2000 12:04:00 PM
From: johnd  Read Replies (2) of 64865
 
Alok,
The next 10% - 20% correction on the NASDAQ will come
sooner than we expect. SUNW has the tendency to correct
2x of NASDAQ. So 20 - 30% fall is not farfetched.

Also there is this feeling that rate hike doesn't affect
techs. But who do these techs do biz with? They have to sell
it to the DOW brick and mortar stocks. If the IT budgets
of the DOW stocks get hurt, the techs will suffer eventually

Wall street knows this and is just playing a suckers game.
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