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Technology Stocks : All About Sun Microsystems
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To: jz who wrote (324)1/23/1997 3:14:00 AM
From: daniel yeung   of 64865
 
Jz,
In the TA pt of view, SUNW is short term overbought. As Addi said it already jumped up 6 pts off the bottom in 8 consecutive trading days. Also, most short term player will take their profit after the new high end server. ( buy in rumor and sell in news). Money stream show a little bullish. My personal opinion based on TA, SUNW will trade betw'
31 and 34 range in the next few days. Thus, all short term TA indicators will be off from overbrought condition and then try to surpass the record high 35 before APR. Any pullback below 31 is a excellent buying opportunate.

Good luck to all and also thank Addi alway provide some fundamental
infomation.

daniel
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