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Technology Stocks : All About Sun Microsystems

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To: Hawkmoon who wrote (4769)	10/16/1997 4:46:00 PM
From: Jeff Mills	of 64865

Ahhhh so history repeats itself. It was a fine October day last year (1996) that saw me lose MY ASS in SUNW the day after they reported EPS. I think the day was October 16, 1996. Check your charts. SUNW was $70/share (presplit) on Ocotober 15--and opened at $64 on the 16th when the missed EPS, like they did again this year. Almost 75 Million (presplit) shares traded that day. It took from October 16 96 until June 16 97 until SUNW EVER made a new high again. I feel for you longs--as SUNW has been bit once again by the "October Earnings Vampire." Who said history never repeats itself? PS--What is with that NASTY revenue number of $2.1 Billion? That is down from $2.54 Billion last Q.

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