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Technology Stocks : All About Sun Microsystems
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To: uu who wrote (5925)12/3/1997 4:32:00 PM
From: Charles Tutt  Read Replies (4) of 64865
 
I'm pretty disgusted, too, especially because as a result of all the recent volatility I felt compelled to pare my SUNW holdings by 20% to reach a comfortable level of risk, and I've been afraid to buy back to the level I was at (although I did repurchase part of it, despite unfortunate wash-sale tax consequences). However, I'm not convinced a law could be written/enforced that would solve the problem without introducing worse problems.

It's pretty clear to me the analysts and money-movers are clueless. Just look at what has been going on with Adaptec the last few days if you have any doubt.

JMHO.
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