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Technology Stocks : All About Sun Microsystems
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To: pass pass who wrote (39269)12/15/2000 11:24:43 AM
From: techtonicbull  Read Replies (1) of 64865
 
This is a sign of capitulation to see the Bellweather Techs selling off over the last weeks at such high volume. Here are three things I think will happen:

1) Tax loss selling will be over by 12/29/00
2) Companies will announce share buy back programs at these low levels.
3) Alan Greenspan will lower interest rates by 1/4 to 1/2 point on 12/19/00 or else give indication of such for the next FOMC.
4) Demand for enterprise computing will remain strong
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