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Technology Stocks : All About Sun Microsystems

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To: Steve Lee who wrote (39419)12/18/2000 2:05:49 PM
From: Haim R. Branisteanu  Read Replies (2) of 64865
 
Since November 6th the stock got cut in half based on valuation not business results.

Such fast sale pace is only a result of momentum players getting or being forced out.

Friday SUWN had a hammer and today a higher low. I think the brokerage firms let their institution know of the downgrade right after the split therefore the heavy selling from $48.

Haim
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