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Strategies & Market Trends : Rande Is . . . HOME

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To: American Spirit who wrote (46717)2/6/2001 3:57:33 PM
From: maverick61  Read Replies (1) of 57584
 
I noted that SUNW fell off the cliff as it dipped nearly 10 percent in 30 minutes immediately during and folowing the company's conference call with anaylsts.

SUNW is dead money for the next quarter. Buy into that dip all you want - as goes the old saying, a fool and his money are soon parted <gg>

From briefing.com - 14:02 ET Sun Microsystems (SUNW) 27 13/16 -1/16 (-0.2%): -- Update -- Merrill Lynch comments on SUNW analyst meeting; says slowdown in the US is continuing; firm expects stock to mark time near term until there is more visibility, as ability to gain share is not enough.

BTW - if you did buy the dip on the rebound, you are likely in the red right now, B/e at best if your timing was perfect:

bigcharts.com

May be no surprises left (although I doubt that as AMCC showed today) - but also no near term drivers to move many of these prices higher. Much better opportunities IMO
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