All About Sun Microsystems Message Board

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Technology Stocks : All About Sun Microsystems

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To: tradesman who wrote (3822)	9/9/1997 8:28:00 AM
From: Ben Antanaitis	of 64865

Chart shows SUNW within a Bullish trading trend that is contained within an overall bullish trading channel. Currently still above support point S1. Appears to be normal ebb and flow.* Unannounced news is impossible to predict. From Breifing.com "..SUNW dropped 2 points, on no news.." I personally think that yesterday was a reaction to the IBM announcement, caused by people worrying about whether the demand will be there for NetPC and they also mixed in NetworkComputers. Although they are not the same thing, the perceived major proponent of this 'network thing', SUNW, took a hit. There is also a report techstocks.com that at the time the stock got hit, SUNW was scheduled to present at a Solomon Bros Tech Conference. Does anyone have anything on what was said. Then there is the SUNW teleconference to be held tomorrow. Or maybe someone just wanted to take some profits. *chart interpretation, not investment advice!

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