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Technology Stocks : All About Sun Microsystems

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To: antitrades who wrote (5241)	10/30/1997 4:16:00 PM
From: Dimitry A. Semenov	Read Replies (2) of 64865

Today's action is money managers closing their position before closing their books on Oct 31st (Notice those 25K sells throughout the day). Maybe another carnage day tomorrow and then sunw is one of the best candidates to accumulate: one of the lowest P/E among tech almost as low as IBMs, the price is in 25% from its year low and 55% from year hihg, most of other techs are in 50-50 range. Porfolio managers will load up and than we will see upgrades. By the way notice how msft held up. It is a top holding in many mutual funds. Money managers are carefull with msft because they know it will take down all their other holdings. Just one more evidence that this is portfolio managers action. just IMHO -

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