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Technology Stocks : All About Sun Microsystems
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To: JDN who wrote (40038)1/3/2001 3:41:12 PM
From: High-Tech East  Read Replies (1) of 64865
 
Here's the scenario as I see it. January 18th or so SUNW reports record sales AGAIN and strong market, January 31st Fed drops rates ANOTHER 25 basis points, February 15th or so Bush and crew announce they are proceeding to study tax cut
plans including adjustments in the capital gains tax calculations (I can see where they could say to help the LITTLE GUY they will completely eliminate CG tax on say the first 20,000 of gain)--NOW WHO COULD OPPOSE THAT.. June 30th
SUNW HITS $50 a share

... have you ever heard of the Fed - that's WHO - give me a break ... if it looks like fiscal policy will add significant liquidity, the Fed will raise rates - and quickly ...

Ken
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