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Technology Stocks : All About Sun Microsystems

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To: JC Jaros who wrote (35339)	9/15/2000 12:02:08 PM
From: JDN	Read Replies (5) of 64865

Dear JC and all: Amazing the excuses the market will use when it wants to drop. "In economic news, August's Consumer Price Index came in well below consensus expectations for a 0.2-percent rise. But traders said it had already been largely priced into the market ``With energy prices going up, that's a component of inflation that the Fed can't control, and it's going to make everybody concerned, no matter what comes out,'' said Edgar Peters, chief investment officer at Panagora Asset Management. Meanwhile, the market was whipsawed by ``triple witching'' -- the expiration of stock options, index options and futures -- which exaggerates movements in the U.S. stock indexes. " Great inflation news now its DISCOUNTED. I guess they forgot that Greenspan sometime ago said the economy is far less dependent upon oil than in the past. JDN

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