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Technology Stocks : All About Sun Microsystems

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To: Alok Sinha who wrote (7845)	2/19/1998 8:58:00 PM
From: uu	Read Replies (2) of 64865

Alok: SUNW still remains to be one of my major core holdings (although as of today no longer my #1 core holding), but I think for the time being I rather be in cash than in stocks as I am hoping to grab the best deals of the century this coming Spring and Summer (March-July) as techs may be hit hard and the market may display an idiotic reaction to possible earnings short comings due to overseas problems. Under such a scenerio (if it does happen) semi company stocks will be the best place to invest the money for the maximum growth (again IMHO only). As for SUNW I think due to Wall Street's wrongful perception of reality the stock will be trading between $38-$50 for the next 6 months or so (Although I hope I am wrong and it breaks the $50 barrier since I still hold a substantial number of shares). But for most parts I think at this time the chances of SUNW not breaking the $50 barrier and actually going to the high $30's are much greater (again due completely to the Wall Street's wrongful perceptions of the company). Regards, Addi Jamshidi

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