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Technology Stocks : SUN microsystems: 7/18/96 quarterly report - BIG!

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To: cfimx who wrote (328)9/17/1996 3:20:00 AM
From: Charles Tutt   of 386
 
I used to think the market knew more than I do, but the way the market has been acting lately, I find it hard to maintain that belief. It seems clear that prices often aren't correctly discounting future earnings, with volatility as high as it is. Put another way, the longer I do this, the less convincing I find the efficient market hypothesis.

I couldn't help noticing today that Raytheon will be using Sun hardware in their big new contract. See:
biz.yahoo.com
That should be good for a few $$.
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