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Technology Stocks : All About Sun Microsystems

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To: Sonki who wrote (6940)1/16/1998 12:44:00 PM
From: Alok Sinha  Read Replies (2) of 64865
 
Sonki - Off topic ORCL

Oracle, in my opinion, will see 16 before 25. I would use any strength due to market to bail out or sell covered calls to reduce the cost basis. There is very little chances of an IFMX type situation (as the mgt is not a bunch of crooks like IFMX's was). Howver, my information from within the company is not very optimistic due to their product offering / lack of focus in the NCA market segment. Also it still commands a very high multiple (even after the drop) so any bad news will not be taken well.

What do you consider a decent entry point for EMCC.

Regards

Alok
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