SUN microsystems: 7/18/96 quarterly report - BIG! Message Board

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

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To: Mojie Aghaalian who wrote (151)	7/28/1996 4:05:00 AM
From: Jeng Chiu	of 386

To all: Sorry, this message isn't about SUNW. But anyone who follows SUNW knows that it is a long term buy and that it doesn't need any further hype. So please indulge me as I diverge from the topic matter and briefly discuss one of the most "controversial" tech stocks in recent weeks. Mojie: USRX has a huge institutional following. I don't think its individuals selling the stock. I think the "experts" have scrutinized the conference call, received a SELL signal from their technical analysis buddies (USRX's chart is mega ugly), and they are trying to lock in profits before it dissipates in front of their eyes. Plus, the institutional dumpers have been joined by the momentum short sellers who also consult w/ their Chart buddies. What makes this stock interesting is that people are totally divided as to where this company is headed and what its fair value actually is. Garrett Van Waggoner recommended it Friday on WSW. That alone could cause a 5 point rebound on Monday.

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