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Technology Stocks : All About Sun Microsystems

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To: Sonki who wrote (12234)12/1/1998 10:36:00 PM
From: Dale J.  Read Replies (2) of 64865
 
Re:dale, short amzn ....but don't short sunw at 80. listen to me. if u have not covered. don't fool around for too long. u can fool w. the thread but don't fool w.
the next darling of the street.


Sonki, thank you very much. You are an Oasis of rationality in an otherwise sea of madness on this thread. It just so happens I agree with your view of the situation. I would continue to be disinclined to add to my short position. While I believe my analysis of SUNW is correct, the fact is, this stock continues to show momentum and exuberance which was ignited by the AOL/NSCP deal. I only have a small short position at 68, which I can easily ride out.

Some on this thread tried to goad me into shorting more, but as usual I outsmarted them and didn't take the bait. I will continue to wait for more favorable weather.

Dale
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