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Technology Stocks : All About Sun Microsystems

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To: micromike who wrote (9922)	5/22/1998 10:05:00 PM
From: uu	Read Replies (2) of 64865

Hi Mike, Yes May ends next week and as I predicted high techs are being hit big time. I was about 40% cash till yesterday and now I am only 30% cash after spending 10% of that on XLNX at $43.5 (but I think it will still go down a bit more - but hopefully not by much). Right now I am just buying the semis (LSI, XLNX, ALTR, TXN, VLSI, AMAT, and a little INTC). Everyone is beating on the semis but this sector will start doing extremely well toward the end of the year (IMHO of course). As for SUNW, yes last time I bought some was at around $38/shr. Dont know if it will get there by the end of May (next week). I dont think I will be buying anymore "yet", and my reason is simply based on my own understanding/assumption that SUNW contiues to suffer from a very poor Wall Street perception. Regards, Addi Jamshidi

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