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Technology Stocks : SUN microsystems: 7/18/96 quarterly report - BIG!

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To: Carmine Cammarosano who wrote (111)7/18/1996 8:44:00 PM
From: .com   of 386
 
I don't understand the after hours Instanet price drop. The company met/beat earnings which should at least stabalize or improve the price. Yes, there was a big run-up the last two days but I see that as more of a correction for the prior week.

Let me know what you think will happen in the morning: Will the stock tank 3 points or more (on short-term profit taking) or will we see an initial drop and then an increase back to 58 or better?

I would appreciate any reactions/guesses.
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