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Technology Stocks : All About Sun Microsystems
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To: Charles Tutt who wrote (64743)10/24/2008 10:59:43 AM
From: Mark O. Halverson  Read Replies (1) of 64865
 
Capitulation today?

That would be exceedingly nice. There's much blood in the streets, and I must admit, some of it is mine. The valuations have become ludicrous, except the hedge funds and other funds are daily dumping hugely to cover next day's redemptions. Small cap and weak stocks get slaughtered in the process. One can only hope the end (bottom) is near. Re Sun, maybe Southeastern Asset Management will find a way to raise its valuation, once this wholesale dumping runs its course.

Best, Mark
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