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Technology Stocks : All About Sun Microsystems

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To: cheryl williamson who wrote (40633)1/19/2001 4:21:51 PM
From: JDN  Read Replies (2) of 64865
 
Dear Cheryl: Have you ever TRIED to walk and chew gum at the same time? Its not very easy you know. Why, I bet Twister worked at it a long time to master the art. (gg)
Cheryl you are right on in you analysis, the problem is the ANALysts control the direction of the stock. My advice is keep your powder dry and buy on dips. SUNW will be back that I am SURE OF. Now the question is where does THIS dip end? My previous base estimate which proved to be true was 25, I dont think we will hit that again barring a market problem which I do NOT think is coming but we MIGHT get a chance to pick some up about $27 if we are lucky. Personally, I think the BUSH thing is going to jump start the market within 60 days. He is going to put a tax package up and a lot of people are talking retroactive and capital gains tax cuts and I mean people on BOTH SIDES of the aisle. this COULD excite people and bring GENERAL market conditions up which will ultimately benefit fine companies like SUNW. I would be a buyer this time at 27. JDN
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