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Technology Stocks : All About Sun Microsystems

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To: Lynn who wrote (33942)7/25/2000 8:04:55 PM
From: fuzzymath  Read Replies (1) of 64865
 
Lynn, right now the ratings are only updated each weekend. I'm working on that, but it involves new programming. So, these are the ratings as of Friday. The "Hold" was largely because SUNW's volume has declined during the past quarter. The volume last week was an uptick, and today surely was big volume too. So--that "Hold" is very likely to change to either "Bullish" or "Very Bullish" when I run the analysis next (which will be this weekend).

The short-term rating again is something I'm working on. Right now, it's an indicator of a possible short-term "overbought" or "oversold" condition. The rating for tomorrow would probably be "negative" under the assumption that we could easily see some profit-taking tomorrow after such a nice run-up today. But then, SUNW is a "Resilience" star -- meaning that statistically it has proven to have very nice UP days following down days, so if there is profit taking tomorrow, that's a good buy opportunity.

This whole process that I'm running each weekend definitely needs more work. But, it's still pretty interesting what it comes up with!

That "Risk" indicator is especially interesting to me -- a stock that gained 500+% in two years comes out appearing to have only "moderate" risk? Based on my comparison of 1500 stocks, that's the case for SUNW. It appears to be a pretty safe stock, even though its return has been great.

Kevin/fuzzymath
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