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Politics : Formerly About Advanced Micro Devices
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To: niceguy767 who wrote (105290)4/13/2000 9:36:00 PM
From: SteveC  Read Replies (1) of 1573433
 
I'll chip in. Sun is a true blue chip tech company. If it tanked today, the market would have dropped another 10 points tomorrow. Its strength should hopefully give us a positive end to the week. I think the worse of the margin calls for small investors are over (because they have had to sell out large positions by now) and this downward pressure on the market will start to ease. We should start hearing a new type of talk about internet valuations, e.g. how cheap they are now. Some companies are down 80% from their year to date highs.
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