All About Sun Microsystems Message Board

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Technology Stocks : All About Sun Microsystems

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To: uu who wrote (8698)	3/31/1998 7:52:00 AM
From: BrickHouse	Read Replies (1) of 64865

Howdy All, I have been a long term sunw holder and a lurker on this thread for quite some time. I had a great run on sunw recently buying stock (and 99, 00 leaps) late last year and holding through the past rally to 49. I do believe that a correction will occur. I was in agreement with Addi in most of his recent posts, and I believe in the correction now more than ever for the following reasons: 1) Earnings may fall short for most technology stocks. I have read the rumors here and on the yahoo thread that sunw may be scrambling to meet its numbers. 2) Perception can change overnight. No one will ignore poor earnings if the Fedral Reserve cautions now or in april. No one has ever seemed to forgive SUNW (even when they meet expectations). 3) Sunw has incredible volatility if measured percentage wise. It seems to bounce plus and minus 50% yearly. It may work to buy and hold this stock but greater gains seem to be attainable if you catch a break on one of the nutty perception bounces (which we seem to be enduring presently). All of this said, I love the technology, and I believe in the future of this company. - Just another Opinion to Ignore

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