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Technology Stocks : All About Sun Microsystems

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From: Arthur Tang	5/17/2007 5:16:57 AM
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Market makers made serious mistakes pulled back to buy back borrowed stock. Short interest increased(42+ million shares now up from 35 million) for this bargain basement stock, recently turned around and have more potential for earnings surprise. 3 million shares buy back by the company can hardly do an adequate job of doing a short squeeze. Market makers should buy back borrowed stock; when investors take some profits off the table. Otherwise had to buy stock directly from the company to cover shorts.

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