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Technology Stocks : All About Sun Microsystems

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To: Jim McMannis who wrote (39388)	12/18/2000 9:45:22 AM
From: chic_hearne	Read Replies (1) of 64865

Jim, It's hard to say how much they're going to trash the overvalued stocks. Even after this beating, SUNW is still what, 5 times sales or something with a 50++ P/e. I'm a buyer at $10. When are we going to get that move in Gold? I still haven't got back in since I sold out about 2 months ago, but it seems primed for a move. The buck looks like it's about to implode. Maybe AG will cut rates to help things along. Talk about the catch-22 he's in. He's getting the blame no matter what. I'm amazed the drunken bulls think a 1/2 point cut or something will save the day. Hell, I hope they cut a point or two, tank the dollar, drive out the 20% foriegn money in the equity markets and then we'll see Naz sub 1000. All idle speculation, but when do you see Gold or the XAU moving? It has to be soon, things are getting ugly. Who knows how much these miners will move with reserves valued at $1 an ounce? chic

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