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Technology Stocks : All About Sun Microsystems

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To: Jean M. Gauthier who wrote (36659)10/17/2000 10:30:38 PM
From: t2  Read Replies (2) of 64865
 
stupid investors will dump sun to $ 100 or less tomorrow, once Intel & IBM "miss", and I am sure they will

what a stupid shitty market


I don't agree with you on that one. SUNW is going to rally tomorrow. If earnings were out next week, I could see your scenario unfolding but in this case with earnings tomorrow evening...not a chance, IMHO.

I usually take the approach that if one is missing its target, another is taking market share. I don't know if it Hewlett or Sun. HWP's earnings are too far to play right now. Therefore, I would be buying OCT calls on any dip and unload by end of the day. However, I have been buying stock to hold longer term.

Also think INTC should rally on its earnings since the analysts had been expecting the worst in that earnings report. Have noticed a bit of a relief among analysts.
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