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Technology Stocks : All About Sun Microsystems

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To: Pierre Aydin who wrote (6178)	12/16/1997 7:48:00 AM
From: Ben Antanaitis	Read Replies (2) of 64865

Well, the MSCNBCMICROGATES and CNNfn networks are giving this afternoon's SUNW/INTC joint press conference/release air time in all their morning business news capsules... If the meat tastes as good as it smells roasting (old family saying), then we may get some upside momentum to add to the bounce off of the 34.5 support line. It is critical, though, to penetrate the decending bearish resistance line that is now at around 40.5. My opinion is that if SUNW can punch through 40.5, on heavy volume, there will be a chorus of upgrade restatements as the brokerages try to sell all the shares they've picked up down here......... Ben A.

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