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Technology Stocks : All About Sun Microsystems

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To: JC Jaros who wrote (11266)10/13/1998 3:16:00 PM
From: QwikSand  Read Replies (1) of 64865
 
Charles: there's no runup because the market's in the tank.

JC: I believe you're making an understatement. I think at this point the market will react violently to any hint of negative forward guidance or mediocre earnings, and mildly to positive forward guidance and positive earnings that are less than a spectacular blowout (and Sun doesn't do those). It has already happened this week with other companies that have dropped after announcing record results that handily beat consensus but with caution going forward.

Too bad. This is just a bad time.

Regards,
--QwikSand
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