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Technology Stocks : All About Sun Microsystems
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To: Pices who wrote (4137)9/30/1997 3:56:00 PM
From: Jeng Chiu   of 64865
 
This is what always happens. 47-48 was a SUNW favorite (before the split). As Yogi Berra once said, It's deja vu all over again.
2-3 days before earnings, SUNW will probably start to rise fast and hard, peaking during midday of earnings. SUNW will likely beat earnings by .02 and report record numbers. Then the next day, the stock will fall 2-3 points because they disappointed street whisper numbers.

As a SUNW shareholder for about 2 years, the optimum point to sell SUNW is on earnings day before the numbers are announced. Its the pattern. then buy it back. Usually 2-3 weeks after earnings, SUNW has a life on its own and goes on a rampage. Then it stalls there til the next earnings period. You'll begin to wonder what is happening. Why does SUNW gap up at the open then close near its lows. Why does DELL and CPQ rsie 2 points while SUNW can barely eek out 3/8.... and then lose all it the next day. Why do insiders keep filing those 144's. Why does every press release say NT is kicking SUNW's butt.

Until you realize this is the way SUNW always is, you'll be frustrated 90% of the time you hold this stock. The other 10%, you'll want to name your own son Maverick. And while all this is going on, We'll be at 65 with another split to be announced.

Legal disclaimer: Historical results do not gurantee future performance.

JC.
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