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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (45003)9/5/2001 2:56:05 PM
From: Steve Lee  Read Replies (1) of 64865
 
I think we bounce from here. There will be positive spin on Intel's comments tomorrow and we go up a bit more. Then late Friday or early next week we go down below todays levels. This refers to the Nas, not SUNW specifically.

I made a post elsewhere today about Intel being able to paint a rosy picture of their own situation, due to their returning monopoly status (bye bye AMD in double figures). That rosy picture may be mistaken as an indicator for the economy in general. Such a mistake will only last a couple of days.

PS - By "rosy picture", I mean compared to what the picture is for the rest of the companies out there.
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