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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (73)1/10/1997 3:56:00 PM
From: uu   of 64865
 
Very quiet today! Is everyone holding their breadth till earnings report?
There have been 2 types of patterns in the past: One where the price
goes up well before the earnings report (like last quarter) and then
drops sharply after an excellent report. 2: the price goes down big
time and then comes back up BIG time after the earnings. And it
seems we are in the 2nd pattern. If that proves to be true I anticipate
the price to start going up starting next Tue. or Mon. (couple of days
prior to the report), and then to go up after the earnings come out. If
not then I suppose we will have a thrid pattern on our hand for future
reference! In either case I am extremly and 'rationally' exuberance
about the future prospects of Sun (especially starting the second half
of 1997).

Anyway, today everyone (all big shot analysts) are crying of inflation
and a heating economy. I think they are (as in the words of Alan G)
being irrationally pessimistic! Ross Perot once said if all these analysts
and economists knew better than everyone else how come non of
them are millionairs?! I tend to strongly agree with him in this case!

Regards,

- Addi Jamshidi
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