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Technology Stocks : All About Sun Microsystems

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To: Steve Lee who wrote (31585)5/6/2000 2:45:00 AM
From: QwikSand  Read Replies (1) of 64865
 
...I put this down to a short covering rally...I still reckon we will see 75 this quarter...

That certainly could be, although between March 15th and April 15th SUNW short interest dropped by 4 million shares, a full 25%, down to about a half-day to cover depending on whose numbers you believe.

But I still would appreciate it if you put this expectation in a broader context, Steve. Is it strictly a function of SUNW's chart? Are you expecting NAZ to test April lows (I am)? Do you think stocks like EMC/IBM/HWP/DELL are due for similar drops?

--QS
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