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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (10075)6/5/1998 7:36:00 PM
From: micromike   of 64865
 
Well it has been a while but it appears Sun is finally making a move.

Sun rises beyond slump
news.com
Two months ago, the company was in a slump on Wall Street. Analysts questioned the effectiveness of its Java strategy, the viability of network computers was in doubt, and competitors such as Hewlett-Packard were threatening Sun in the server business. Wall Street also was worried about the impact of the Asian economic slump on Sun's business.
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Those people who got it at $38 and $39 could make a few bucks at these levels but I think we are moving towards the $50 mark before going back to the low $40s. I sure hope I don't jinx the stock by posting this. :-)

JMHO
Mike
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