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Technology Stocks : All About Sun Microsystems

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To: techtonicbull who wrote (39045)	12/12/2000 12:05:01 PM
From: Stephen M. DeMoss	Read Replies (1) of 64865

Tech, I agree that there are big blocks trading on this stock which likely is the 'smart money' loading up their coffers. Then the upgrades will come in stating the obvious ('selling has been overdone', great company w/strong growth in low growth environment, 'very cheap', etc.) In my mind, there is no way this naz rally is for real if Sunw is not apart of the up move. I wonder if Sunw should have added one other note to last nights note, ie. they are comfortable with current estimates etc. I also think after the Supreme court and possibly a concession speech this evening (?), we will stabilize and begin moving in the right direction. What was yesterday's low? That is my other concern. I believe we made a lower low and lower high (so far<G>). Technically that isn't a positive. Or maybe after the stock runs <G>, we will say it was a double bottom<G>! Here's hoping. Steve D.

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