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Technology Stocks : All About Sun Microsystems
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To: Gerald Walls who wrote (29985)4/4/2000 1:57:00 AM
From: GST  Read Replies (1) of 64865
 
Gerald: truth is, this sell-off today was not really about MSFT. It is about stock valuations. Was there anybody out there expecting something different? We have a pretty serious shake out going on here -- MSFT was a good excuse to make it a rough day. The selling is professional on one hand and margin calls on the other. We can bounce -- but not far. No reason to think 4000 will hold if economic data on Friday sours the whole market -- new and old (whatever that means).
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