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

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To: Carmine Cammarosano who wrote (217)8/11/1996 10:40:00 PM
From: Martin A. Haas, Jr.   of 386
 
Carmine, I agree with you about AMAT. Unfortunately I'm in deep on it and more than likely will have to wait it out for several quarters to break even. Last two quarters AMAT earnings were on target. However, there was constant concern since January that AMAT's backlog of orders would be declining and it has had a negative effect on the stock ever since. The backlog decline has just started and I think the stock is in the low 20's for quite awhile. I hope I'm wrong.
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