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Technology Stocks : All About Sun Microsystems

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To: JDN who wrote (8531)	3/25/1998 12:36:00 PM
From: uu	Read Replies (2) of 64865

JDN: Yes I agree with you 100%. I am also very bullish on SUNW despite the fact that I sold 90% of my holdings in the stock earlier last month. I still want to buy back all my shares, but I continue to think the stock will see the $33-$38 range once again before hitting $50's and $60's. And the reason has absolutely nothing to do with company fundamentals but as I said before IMHO just the market perception. In any event high techs seem to be having a party today, and I wished I could understand the exuberance!! But oh well... I continue to be 65% in cash but will be fully invested once all Q1 earnings are out even if I have to pay extra $'s than what they are worth now for the stocks I want to buy. But will not jump back in stock before Q1 earnings. I still think we will see a dramatic correction starting end of this week/begining next week. And yes I do realize in the exuberant atmospher we are living at this time this sounds very idiotic! And it may very well end up being as such! Regards, Addi Jamshidi

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