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Technology Stocks : All About Sun Microsystems

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To: QwikSand who wrote (31176)4/21/2000 5:40:00 PM
From: Alok Sinha  Read Replies (4) of 64865
 
The Network Solutions / IBM / SUN story ended as follows:

"IBM shares closed down 1/2 at 104 and Sun closed down one at 87-3/4. Network Solutions shares also closed lower, down 10-5/16 at 128-3/16."

Copyright 2000, Reuters News Service

Looks like the decision to go with a loser (IBM) hurt Network Solutions much more than SUN or IBM.

Just kidding

Alok

I am going to be buying Microsoft next week as they are probably the only technology bargain out there (and I refuse to accept that Gates and Co. don't have a hidden ace up their sleeve. The refusal to come to terms with the Justice Dept followed immediately by this rev miss and lower guidance for future has a fishy air to it. Also Rick Sherlund keeps it on his recommended list in spite of the miss. If I am catching a falling knife, I am pretty sure it is a blunt knife so it won't hurt as much.

Hopefully the analysts can see the bright side for SUN in Microsoft's woes.
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