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Technology Stocks : All About Sun Microsystems

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To: Victor Lazlo who wrote (38246)11/26/2000 7:54:34 PM
From: techtonicbull  Read Replies (6) of 64865
 
"That's the thing that scares me," said Brian Gilmartin, portfolio manager at Trinity Asset Management. "We're heading into the traditional season of preannouncements, and I'm most afraid of Cisco (CSCO:Nasdaq - news), EMC (EMC:NYSE - news), Sun Microsystems (SUNW:Nasdaq - news) or Oracle (ORCL:Nasdaq - news) not making their numbers."

As of now, there's no indication that those blue-chip tech companies, among the Street's most dependable, won't hit their earnings targets. Gilmartin is worried nonetheless. Still, he said an event like that could help bring about the final capitulation, the final leg down before the market begins to reestablish itself.

thestreet.com
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