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Technology Stocks : All About Sun Microsystems
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To: fff who wrote (10491)7/17/1998 7:42:00 AM
From: Mike Milde  Read Replies (1) of 64865
 
<< I was told it can move to 62 then 66, is that possible? >>

Its possible that the price can move anywhere, up or down. You can be assured it will move away from 50, either up or down. It's all based on earnings and the perception of future earnings potential. Do your market research and place your bets. If you hear something from someone that aids in your research, great, but don't take advice that goes "It can move to 62, then 66". That sounds more like broker talk who wants his commissions.

You shouldn't value my opinion on the stock price, but for what it's worth, I defninitely think we will see 60 before the end of the year.

Mike
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