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

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To: Carmine Cammarosano who wrote (153)7/28/1996 9:59:00 PM
From: Mojie Aghaalian   of 386
 
Carmine, this thread is turning into USRX's thraed!

I am not familiar enough with USRX to answer your questions. The tech sector
was badly oversold and therefore it had a nice bounce on Thurs. & Friday of last
week. However, the volatility that we have seen in the past seven weeks is not
going to go away. I don't think USRX or many other "momentum stocks" would go up
much. Money can still be made as long as you play it right. Get in on days
that NASDAQ is going up and get out with profit before it turns around.

I think we are going to be in trading range until the next FOMC meeting in Aug.

Mojie
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