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Technology Stocks : All About Sun Microsystems
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To: Stephen M. DeMoss who wrote (39041)12/12/2000 11:44:19 AM
From: techtonicbull  Read Replies (2) of 64865
 
Stephen, this is definitely an ironic twist that the price targets and earnings potential of a great company like SUNW are so strong and BAC is downgading it. How curious. It looks like this pressure is going to persist for the next week or so. I am of the opinion that the "smart money" is buying here.

I like that the stock is mostly positive today while the techs are tanking. People hate to buy when a stock is so right to buy its Criminal, but that's the way market psychology is, isn't it?

Thanks for your good post. I think I will remail long with my large SUNW position, until there is some "real fundamental" change in the company.
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