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Technology Stocks : All About Sun Microsystems
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To: vinod Khurana who wrote (5273)10/31/1997 4:42:00 PM
From: Dimitry A. Semenov  Read Replies (1) of 64865
 
Why do you think SUNW is heading to 29 1/4? There was a strong buying today that looks like retail buyers that wanted to prop up the stock to be jettisoned every time by money managers locking their gains for a year. I think the end of year for mutual funds is holding back the rally right now. Does anyone know if there are some funds that close their books later in the year, beyond today?
On the other hand fat cats might want to drive the stock even lower creating light blue bargains for themselves. We will see.
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