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Technology Stocks : All About Sun Microsystems

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To: Tomstocks who wrote (42467)3/28/2001 2:36:56 PM
From: uu  Read Replies (1) of 64865
 
> JP Morgan pushing SUNW! Was just on CNBC about JPM liking sunw,

Oh..oh.. that means JP Morgan is still shorting the stock. Expect for SUNW to drop by another 10% or so to the low to mid $15/shr, at which time hopefully JP Morgan (along with other brokerages who still like the stock and are pushing it) will come out and downgrade it to neutral or something like that. At that time you know the stock has only 5% more downside risk, and as they start covering their short positions the stock will slowly rise!

There ought to be some law to put all these charlatan analysts in jail - or better yet ship them all to somewhere like Saudi Arabia to be dealt with according to the laws of Saudi Arabia!
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