SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JDN who wrote (30098)4/4/2000 2:50:00 PM
From: JavaGuy  Read Replies (1) of 64865
 
Amazing day, IMO we've just seen what capitulation is all about. While I am sympathetic to losses, and have a chunk of my own, whomever sold Sun at 72 and countless other fantastic tech stocks at incredible lows deserve what they did to themselves. If we've been able to shake out the strongest of the weak hands, we are now in very good shape going forward. They can buy back in the 90's...

The active bond action shows that buyers are not long term, they are willing to sell and take profits, so I think the bond market owes the NAZ a few billion.

I am rather excited today, I am not kicking myself for holding, just not having enough $ to continue buying.

Now, as I look at the quotes, I hope I didn't write this during a "suckers rally(rebound)" But I expect that the last hour selling for margin calls will drop us...

-JG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext