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Technology Stocks : All About Sun Microsystems
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To: fuzzymath who wrote (32723)6/10/2000 4:46:00 AM
From: JDN  Read Replies (1) of 64865
 
Dear Kevin and all: The low volume doesnt concern me as to SUNW. First off, its an indication not a lot of sellers at these prices. Secondly, its not abnormal since we are now entering the "summer doldrums", and Finally, the abberations in the Fed interest rate hikes in the face of no presently KNOWN inflation have people confused. Are they going to persist and push us into a HARD LANDING or are they going to get some common sense and WAIT to see the damage they have already done. Until that is determined the market will wig and wag with every output of economic data.
The bottom line is this: Stocks such as SUNW, which are presumed to have a strong market building out the internet nationally and internationally are likely to weather any storms better than most. So to me, the decision is do you wish to be in the stock market at all. If you do, this is one of the places to be. JDN
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