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Technology Stocks : All About Sun Microsystems
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To: cfimx who wrote (39640)12/23/2000 1:45:27 PM
From: techtonicbull  Read Replies (1) of 64865
 
I believe that December price movement was irrational and swung far to the low end. I predict that by the end of wash rule time (end of January 2001) we will be back to levels where we started December i.e. SUNW at about $43-45. Then I think it will really depend on January 18th earnings report for December quarter and guidance. The future movement doesn't care as much on absolute increases but relative ground gained against the competition (IBM, HWP, MSFT)
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