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Technology Stocks : All About Sun Microsystems

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To: QwikSand who wrote (39025)	12/12/2000 1:15:58 PM
From: Haim R. Branisteanu	Read Replies (1) of 64865

QS, no rumors no business weakness no nothing simple valuation and high P/E. Many in this tread failed to notice that SUNW was a love stock or momentum stock run by Fidelity and Janus. Needless to qualify their integrity. Liquidation of those funds by fund holders tripped the slide since mid October. The erratic moves were classic of stock manipulation. Will SUNW recover may be some in any case the prediction of $65 to $70 by year end are not realistic and a far possibility during the next six to 9 months. My own predictions regarding SUNW came late 3 to 4 months and therefore I failed to cash on it. It reminds me of LU and CA were I also failed to hold on to my position and gave up only to see the stock dive below my targets. One more note wen Cramer gets hot on a stock it is time to sell. Cramer was buying like mad in August and SUNW insiders were selling. Haim

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