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Technology Stocks : All About Sun Microsystems

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To: Mephisto who wrote (34542)8/18/2000 9:45:13 AM
From: JDN  Read Replies (4) of 64865
 
Dear M: I doubt it. Seems to me everyone wanting in before did so last couple of days. Being a Friday in August I would expect the market to really slow down by Noon or so and not resume volume until maybe Wednesday. SUNW finally got to 122 after struggling for awhile at the open. Personally, I think it could have gotten to 125 or so had the announcement been held up until Wednesday, but I bet they were afraid of leaks as its pretty obvious something was going on yesterday when stock sprinted.
So far everything I read seems to be incredibly fortunate for SUNW. Example, INTC IA64 now appears to be put back again until next year. Bye then I suspect the USPIII will have the market sewed up. I am beginning to think SUNW is the CSCO of the internet. In fact if one owns CSCO, SUNW, and EMC doesnt seem to me you need anything else, for nice solid portfolio growth. JDN
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