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Technology Stocks : All About Sun Microsystems

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To: Pierre Aydin who wrote (4899)10/17/1997 5:02:00 PM
From: uu   of 64865
 
Well, today I loaded up as much as I could at $37.5 and hopefully next week when my cash gets freed I may have another chance. One thing that is truly amazing is these idiot analysts! How can a stock be an absolute strong buy, and the single best idea of 1997 (if not the century!!) (per PainWebber!) when it is selling at $50+, and then it becomes at best a hold, or underperform AFTER it is beaten down to the $36-$38 range?!! And truly, who are all the people actually listening to these guys? Is there anyone out there (on this thread or anywhere) who actually buys and sells based on analysts recommendations? Please, I really would like to know how those who listen to these guys feel?

One thing is for sure (for me anyway), 8-12 months from now even SUNW at its current all time high of around $53 would have been a bargain!

Regards,

Addi Jamshidi
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