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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: sandintoes who wrote (781)7/22/2001 7:59:10 AM
From: Venditâ„¢  Read Replies (1) of 8752
 
SUNW is entering a phase of accumulation which means mainly sideways in price movement over the next week or more IMO. The range should be about $14 to $16.

askresearch.com

With the high daily trading volume this would be a good stock to day trade if done using the correct tools. As a longer term hold SUNW has a reasonable PE of 27 but just like MSFT I think the boon growth in sales years are over for the foreseeable future.

FWIW it seems to be forming a bottom and the trend is mildly up.

askresearch.com

JMO
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