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

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To: Carmine Cammarosano who wrote (251)8/18/1996 7:18:00 PM
From: peter muckerman   of 386
 
Chart on SUN Micro. The price is resting right on the 20 day moving average, and will break through the 50 day at around 56 or 57. At this point the chart would have very strong fundementals. However, if it breaks through the 20 day on the downside, one would probably see some selling preasure. Lastly, all of our indicators show the market strenghtening for a short-term rally. So who knows !!! Not a recommendation to buy or sell.
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