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Technology Stocks : All About Sun Microsystems

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To: Lynn who wrote (40693)1/21/2001 5:12:47 PM
From: Haim R. Branisteanu  Read Replies (3) of 64865
 
This article only proves how little analyst understand technology and how much they relay on chart and sentiment reading to manipulate stocks.

Everything that moves in one direction they reinforce it, like SUNW prediction to be at $72 this year, then valuation did not matter, fundamentals did not matter and not insider selling ....... and they all had strong buys only 3 short months ago. So what was SUNW stock priceat 120 plus ... predicting in September, 6 months in the future ............. how they like to tell on WS?

The truth is that SUNW management if they have any spine and guts and truly believe in their company fortunes and succes as they mentioned in the last two CC, they would go out now and buy SUNW shares at those levels in the same way they sold them since last August in the of $55 to $65 range.

In this respect they can take a page of personal leadership from Michael Dell who bought / exercised substantial amount of shares wen DELL traded at or below $19.

Similar action will differentiate the personal leadership and trust in the company future, but I am afraid that SUNW management knows only to brag about themselfs and complain about others, and are fearful in taking personal leadership on their personal expense.

Action what matters and not bravado.

DELL stock moved from below $18 to $26 or 35% after Michael Dell action ........so,......... were is SUNW management ....... sitting on their pocket books or in hiding <GGG>

Then why wonder that many are pissed of and selling SUNW stock?? Insiders monetized the shareholders ignorance for their own personal benefit.

Will see how many stocks McNeily or Zander or Lehman or Joy or Estrin or Oshman are buying now ...... if business is so great ........ stop telling us how great SUNW future is .............. show it with your own money and buy shares ............. so I will understand from SUNW management that the shares are a great investment,.... not from WS.

biz.yahoo.com

Haim
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