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Technology Stocks : All About Sun Microsystems

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To: dr_spock who wrote (64370)9/11/2007 3:48:11 PM
From: QwikSand  Read Replies (2) of 64865
 
Here is my estimated breakdown of the components of recent price gain:

a) Ticker symbol change: 0%
b) Announcement of intention to reverse split: 10%
c) Product cycle refresh combined with cost cuts: 38%
d) Random market irrationality: 15%
e) Sun technical conference: 29%
f) Other: 8%

Here's a question for you: why would you tend to believe more strongly in the effect of the ticker symbol change as the price approaches $10?

Why not $7.00? Why not $20.00?

In fact, why would you think the ticker symbol change had anything to do with it at all?

--QS
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