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Technology Stocks : All About Sun Microsystems

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To: OldAIMGuy who wrote (63507)11/30/2005 4:41:37 PM
From: MJ  Read Replies (1) of 64865
 
Tom et al

Everytime I think there is some hope for SUNW as a stock I get disappointed.

The chart you posted tells the story. Considering the distribution/accumulation line SUNW has been being sold for a very long time. Doubt there is much tax selling left.

When I see a Dist/accum line like this I would not be a buyer until I saw a significant technical move to indicate such..

SUNW needs a miracle to pull this stock up. SUNW could ask EBAY for a percentage of their sales since EBAY is using their servers--------perhaps that would help. (Not said in jest-----)

Giving away stuff free makes sense if you are enticing buyers to buy the hardware and having then access to the free stuff.
However, in a free enterprize system where things are valued on how much they sell for------we are taught to believe that nothning is free.

This attitude shift is not one that most people understand and accept here. And, shareholders particularly want the profits----so free seems to be just that free with no profit.

I will be curious to see where SUNW takes this----.

mj
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