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Technology Stocks : All About Sun Microsystems

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To: JDN who wrote (44128)7/19/2001 3:40:15 PM
From: High-Tech East  Read Replies (1) of 64865
 
... my old sun buddies ... JDN, QwikSand, Charles Tutt and cheryl ... I hope you are all well ... and I expect that you might be watching carefully at this time ...

... I have not been paying close attention to SUNW other than following the daily price ... I just made daily and weekly charts for reference ... yuck ...

I'm considering starting a new but smallish SUNW position ... the technicals look a little better with the double bottom that formed since April ...

Would each of you give me your opinion as to what might be considered good or bad news today.

EPS - dollars and cents for Q4 and percentage vs last year

revenues - dollars and percentage vs last year

visibilily and projections for revenues and profits for Q1 (July-September) and Q2 (October-December)

SUNW just traded at 14.46 ... where will it open tomorrow ... the same, 12 or 18?

I hope you are all healthy and that your incredible patience is rewarded in the next two years.

Ken Wilson

... although I reluctantly tell you that the worst in the economy and in equities is probably not over, nor will it be before early November ... tech stocks, however are near their lows, but the S&P 500, NYSE Composite and DJIA could still be hit a ton (say down another 30% plus) ...
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