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Technology Stocks : All About Sun Microsystems

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To: Steve Lee who wrote (33806)	7/22/2000 11:01:23 AM
From: QwikSand	Read Replies (2) of 64865

Steve don't you think that SUNW was raised out of its former range by the earnings report? I think its range got boosted 15-20 points last week (conservative if you average the raises in analysts' estimates)? I realize it hasn't yet broken the former top line, but even so, that range is now toast. The only reason we didn't hit a new high on Friday is because it was an expiry selloff day. Once again barring a continued downtrend in the NAZ, which is always possible, we should be at 110 within the next couple of weeks. This is one of those moments where a chart snapshot takes a back seat to action in the fundamentals. --QS

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